Sumco Co. (OTCMKTS:SUOPY) Short Interest Up 53.8% in April

Sumco Co. (OTCMKTS:SUOPY) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,000 shares, an increase of 53.8% from the March 31st total of 1,300 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 0.4 days.

Sumco Stock Up 1.4 %

OTCMKTS SUOPY traded up $0.41 on Monday, reaching $29.72. 500 shares of the stock traded hands, compared to its average volume of 5,377. The company has a market cap of $5.20 billion, a price-to-earnings ratio of 11.05 and a beta of 1.19. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.25 and a current ratio of 2.32. Sumco has a 12 month low of $24.64 and a 12 month high of $34.84. The company has a fifty day moving average price of $32.04 and a 200-day moving average price of $30.16.

Sumco (OTCMKTS:SUOPY) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $0.19 earnings per share for the quarter. The business had revenue of $711.67 million during the quarter. Sumco had a return on equity of 7.02% and a net margin of 15.44%. As a group, research analysts forecast that Sumco will post 1.38 EPS for the current fiscal year.

Sumco Company Profile

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.