Short Interest in Toshiba Co. (OTCMKTS:TOSYY) Increases By 763.1%

Toshiba Co. (OTCMKTS:TOSYYGet Rating) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 56,100 shares, a growth of 763.1% from the March 31st total of 6,500 shares. Based on an average trading volume of 117,000 shares, the short-interest ratio is currently 0.5 days.

OTCMKTS:TOSYY remained flat at $$21.06 during trading hours on Wednesday. The company had a trading volume of 31,128 shares, compared to its average volume of 34,258. Toshiba has a 12 month low of $17.36 and a 12 month high of $23.30. The business has a 50 day simple moving average of $19.67. The company has a quick ratio of 1.04, a current ratio of 1.48 and a debt-to-equity ratio of 0.42.

Toshiba (OTCMKTS:TOSYYGet Rating) last posted its quarterly earnings data on Monday, February 14th. The company reported $0.55 earnings per share (EPS) for the quarter. The company had revenue of $7.03 billion during the quarter. Toshiba had a return on equity of 15.77% and a net margin of 5.67%. On average, equities analysts predict that Toshiba will post 1.45 earnings per share for the current year.

Separately, Zacks Investment Research lowered Toshiba from a “hold” rating to a “strong sell” rating in a research note on Friday, January 21st.

About Toshiba (Get Rating)

Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide. It operates through Energy Systems and Solutions, Infrastructure Systems and Solutions, Building Solutions, Retail and Printing Solutions, Electronic Devices and Storage Solutions, Digital Solutions, and Other segments.

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