Short Interest in Sumco Co. (OTCMKTS:SUOPY) Expands By 600.0%

Sumco Co. (OTCMKTS:SUOPY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 700 shares, a growth of 600.0% from the February 28th total of 100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 17,600 shares, the short-interest ratio is currently 0.0 days.

Sumco Stock Performance

SUOPY remained flat at $16.06 on Thursday. 2 shares of the company’s stock traded hands, compared to its average volume of 4,824. Sumco has a 52 week low of $13.97 and a 52 week high of $34.84. The company has a market capitalization of $2.81 billion, a PE ratio of 21.41 and a beta of 0.99. The firm’s fifty day simple moving average is $15.38 and its 200-day simple moving average is $17.13. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.20 and a current ratio of 2.51.

Sumco (OTCMKTS:SUOPY) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13. Sumco had a net margin of 4.99% and a return on equity of 3.97%.

Sumco Company Profile

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.