Short Interest in Sharp Co. (OTCMKTS:SHCAY) Expands By 327.3%

Sharp Co. (OTCMKTS:SHCAY - Get Free Report) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 14,100 shares, a growth of 327.3% from the February 13th total of 3,300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 7,300 shares, the short-interest ratio is presently 1.9 days.

Sharp Trading Down 2.2 %

Shares of Sharp stock opened at $1.54 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 3.15. The stock has a market capitalization of $4.00 billion, a P/E ratio of -3.85 and a beta of 0.71. Sharp has a 12-month low of $1.16 and a 12-month high of $1.74. The company has a 50-day simple moving average of $1.50 and a 200 day simple moving average of $1.52.

Sharp (OTCMKTS:SHCAY - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The company reported ($0.01) EPS for the quarter. Sharp had a negative return on equity of 17.10% and a negative net margin of 7.12%. Research analysts expect that Sharp will post 0.01 earnings per share for the current fiscal year.

Sharp Company Profile

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Remove Ads