Sharp Co. (OTCMKTS:SHCAY) Short Interest Up 327.3% in February

Sharp Co. (OTCMKTS:SHCAY) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 14,100 shares, an increase of 327.3% from the February 13th total of 3,300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 7,300 shares, the short-interest ratio is presently 1.9 days.

Sharp Stock Down 2.2 %

Shares of OTCMKTS SHCAY opened at $1.54 on Thursday. The company has a current ratio of 1.21, a quick ratio of 0.88 and a debt-to-equity ratio of 3.15. The firm has a market capitalization of $4.00 billion, a PE ratio of -3.85 and a beta of 0.71. The firm’s 50-day moving average is $1.50 and its 200-day moving average is $1.52. Sharp has a 1 year low of $1.16 and a 1 year high of $1.74.

Sharp (OTCMKTS:SHCAY) last announced its quarterly earnings data on Friday, February 7th. The company reported ($0.01) earnings per share (EPS) for the quarter. Sharp had a negative net margin of 7.12% and a negative return on equity of 17.10%. Equities analysts expect that Sharp will post 0.01 EPS for the current year.

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.