Short Interest in Disco Co. (OTCMKTS:DSCSY) Increases By 86.8%

Disco Co. (OTCMKTS:DSCSY) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 81,800 shares, a growth of 86.8% from the November 15th total of 43,800 shares. Based on an average daily volume of 275,800 shares, the short-interest ratio is currently 0.3 days.

Disco Stock Down 0.5 %

Shares of OTCMKTS:DSCSY traded down $0.12 during trading on Friday, reaching $26.47. 107,398 shares of the company traded hands, compared to its average volume of 134,578. The firm has a fifty day simple moving average of $27.05 and a 200 day simple moving average of $30.68. The firm has a market cap of $28.69 billion, a P/E ratio of 41.55 and a beta of 1.07. Disco has a 1-year low of $22.43 and a 1-year high of $42.93.

Disco (OTCMKTS:DSCSY) last issued its earnings results on Thursday, October 17th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $646.84 million during the quarter. Disco had a net margin of 29.12% and a return on equity of 27.79%. As a group, research analysts anticipate that Disco will post 0.74 EPS for the current year.

Disco Company Profile

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.