ROHM Co., Ltd. (OTCMKTS:ROHCY) Short Interest Up 33.3% in April


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ROHM Co., Ltd. (OTCMKTS:ROHCY) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 800 shares, a growth of 33.3% from the March 31st total of 600 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 1.6 days.

OTCMKTS ROHCY opened at $50.04 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 9.36 and a quick ratio of 7.17. The stock’s 50-day moving average is $51.02 and its 200-day moving average is $48.34. ROHM has a one year low of $30.01 and a one year high of $58.28. The firm has a market cap of $10.31 billion, a P/E ratio of 45.08 and a beta of 1.04.

Separately, JPMorgan Chase & Co. raised shares of ROHM from a “neutral” rating to an “overweight” rating in a research note on Monday, January 18th.

About ROHM

ROHM Co, Ltd. engages in the design and manufacture of integrated circuits and other electronic components. It also develops Large Scale Integrated (LSI) scanner engines designed specifically for cordless hand-held scanners. It operates through the following segments: LSI Integrated Circuits, Discrete Semiconductor Devices, Module and Others.

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