Sumco Co. (OTCMKTS:SUOPY) Short Interest Up 600.0% in March

Sumco Co. (OTCMKTS:SUOPY - Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 700 shares, an increase of 600.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Sumco Stock Down 2.2 %

OTCMKTS:SUOPY traded down $0.33 during trading hours on Friday, reaching $14.68. 1,287 shares of the company traded hands, compared to its average volume of 4,718. Sumco has a 1 year low of $13.97 and a 1 year high of $34.84. The stock has a market capitalization of $2.57 billion, a P/E ratio of 19.57 and a beta of 0.99. The business's 50-day moving average price is $15.41 and its two-hundred day moving average price is $17.02. The company has a current ratio of 2.51, a quick ratio of 1.20 and a debt-to-equity ratio of 0.45.

Sumco (OTCMKTS:SUOPY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.13. Sumco had a net margin of 4.99% and a return on equity of 3.97%.

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.