Sharp Corp. (OTCMKTS:SHCAY) Short Interest Up 344.1% in January

Sharp Corp. (OTCMKTS:SHCAY) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 30,432 shares, an increase of 344.1% from the January 15th total of 6,853 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 30,688 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 30,688 shares, the short-interest ratio is currently 1.0 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Sharp to a “hold” rating in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Sharp Trading Up 3.6%

SHCAY opened at $1.15 on Wednesday. The stock has a market capitalization of $2.99 billion, a P/E ratio of 7.67 and a beta of 0.58. The company has a current ratio of 0.88, a quick ratio of 0.65 and a debt-to-equity ratio of 0.05. Sharp has a 12 month low of $1.01 and a 12 month high of $1.66. The firm’s fifty day simple moving average is $1.17 and its 200 day simple moving average is $1.28.

Sharp (OTCMKTS:SHCAY) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter. Sharp had a return on equity of 19.42% and a net margin of 2.95%.Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. As a group, research analysts anticipate that Sharp will post 0.01 EPS for the current fiscal year.

Sharp Company Profile

Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company’s core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.