ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Short Interest Update

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 27,600 shares, a growth of 38.0% from the November 30th total of 20,000 shares. Based on an average daily volume of 22,200 shares, the days-to-cover ratio is currently 1.2 days.

ChipMOS TECHNOLOGIES Trading Down 1.5 %

Shares of IMOS traded down $0.28 during trading hours on Monday, reaching $18.82. 27,437 shares of the company traded hands, compared to its average volume of 20,138. The company has a market capitalization of $684.33 million, a price-to-earnings ratio of 13.16 and a beta of 0.86. The company has a quick ratio of 2.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.49. The company’s fifty day moving average price is $20.18 and its two-hundred day moving average price is $22.76. ChipMOS TECHNOLOGIES has a 12 month low of $18.20 and a 12 month high of $32.19.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last posted its earnings results on Tuesday, November 5th. The semiconductor company reported $0.26 EPS for the quarter. ChipMOS TECHNOLOGIES had a net margin of 7.25% and a return on equity of 6.66%. The business had revenue of $191.70 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com cut shares of ChipMOS TECHNOLOGIES from a “buy” rating to a “hold” rating in a research note on Friday, December 20th.

Institutional Trading of ChipMOS TECHNOLOGIES

A number of large investors have recently made changes to their positions in the stock. Caprock Group LLC acquired a new position in ChipMOS TECHNOLOGIES during the second quarter worth about $441,000. Ballentine Partners LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 20.2% during the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock worth $364,000 after purchasing an additional 2,611 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of ChipMOS TECHNOLOGIES by 4.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock valued at $1,431,000 after acquiring an additional 2,319 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in ChipMOS TECHNOLOGIES by 18.0% during the third quarter. Blue Trust Inc. now owns 9,429 shares of the semiconductor company’s stock worth $221,000 after purchasing an additional 1,440 shares in the last quarter. 7.39% of the stock is owned by hedge funds and other institutional investors.

ChipMOS TECHNOLOGIES Company Profile

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.