Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Update

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 40,500 shares, a drop of 24.2% from the February 13th total of 53,400 shares. Based on an average daily trading volume, of 180,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Tokyo Electron Price Performance

TOELY stock traded up $0.54 during midday trading on Thursday, hitting $74.61. 288,783 shares of the stock traded hands, compared to its average volume of 149,990. The firm has a market cap of $68.74 billion, a P/E ratio of 27.84 and a beta of 1.58. The stock's fifty day simple moving average is $80.79 and its 200-day simple moving average is $79.81. Tokyo Electron has a 1-year low of $68.83 and a 1-year high of $133.57.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $1.12 earnings per share (EPS) for the quarter. Tokyo Electron had a net margin of 21.32% and a return on equity of 24.79%. On average, research analysts predict that Tokyo Electron will post 3.23 earnings per share for the current year.

About Tokyo Electron

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.