Sharp Co. (OTCMKTS:SHCAY) Sees Significant Growth in Short Interest

Sharp Co. (OTCMKTS:SHCAY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,400 shares, a growth of 55.6% from the May 31st total of 900 shares. Based on an average daily trading volume, of 8,700 shares, the days-to-cover ratio is currently 0.2 days.

Sharp Stock Performance

Sharp stock traded up $0.01 during mid-day trading on Friday, hitting $1.47. 3,634 shares of the company’s stock were exchanged, compared to its average volume of 12,521. Sharp has a 1-year low of $1.16 and a 1-year high of $1.91. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 1.66. The stock has a 50 day moving average of $1.38 and a two-hundred day moving average of $1.46.

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.