Short Interest in Sumco Co. (OTCMKTS:SUOPY) Expands By 57.1%

Sumco Co. (OTCMKTS:SUOPY) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,100 shares, a growth of 57.1% from the March 15th total of 700 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Sumco Price Performance

Shares of OTCMKTS:SUOPY opened at $12.78 on Friday. The company has a current ratio of 2.51, a quick ratio of 1.20 and a debt-to-equity ratio of 0.45. The firm’s 50 day moving average is $14.52 and its two-hundred day moving average is $16.14. The firm has a market capitalization of $2.24 billion, a P/E ratio of 17.04 and a beta of 1.01. Sumco has a 52 week low of $10.29 and a 52 week high of $33.54.

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

About Sumco

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.