Rohm Co. (OTCMKTS:ROHCY) Short Interest Down 14.9% in March

Rohm Co. (OTCMKTS:ROHCY) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 5,536 shares, a decrease of 14.9% from the March 15th total of 6,503 shares. Based on an average trading volume of 4,195 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the company’s stock are sold short.

Rohm Trading Up 0.0%

OTCMKTS ROHCY opened at $23.80 on Friday. The company has a current ratio of 3.34, a quick ratio of 2.30 and a debt-to-equity ratio of 0.32. The company has a fifty day simple moving average of $19.84 and a two-hundred day simple moving average of $16.57. Rohm has a 12-month low of $8.29 and a 12-month high of $24.01. The stock has a market cap of $9.19 billion, a P/E ratio of -37.78 and a beta of 1.10.

Rohm (OTCMKTS:ROHCY) last issued its earnings results on Wednesday, February 4th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. Rohm had a negative return on equity of 1.07% and a negative net margin of 7.27%.The business had revenue of $813.36 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Rohm to a “hold” rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Rohm currently has an average rating of “Hold”.

Rohm Company Profile

Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.

Rohm’s semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.