Sumco Co. (OTCMKTS:SUOPY) Sees Significant Growth in Short Interest

Sumco Co. (OTCMKTS:SUOPY - Get Free Report) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 800 shares, an increase of 33.3% from the October 31st total of 600 shares. Based on an average daily trading volume, of 6,200 shares, the days-to-cover ratio is currently 0.1 days.

Sumco Price Performance

Shares of OTCMKTS:SUOPY traded down $0.52 during trading on Friday, hitting $16.03. 3,600 shares of the company's stock were exchanged, compared to its average volume of 5,667. Sumco has a 52-week low of $15.73 and a 52-week high of $34.84. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 20.04 and a beta of 1.09. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.44 and a quick ratio of 1.31. The business's 50-day simple moving average is $19.39 and its 200 day simple moving average is $24.75.

Sumco Company Profile

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.