Advantest Co. (OTCMKTS:ATEYY) Sees Large Drop in Short Interest

Advantest Co. (OTCMKTS:ATEYY) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 3,000 shares, a decrease of 68.8% from the March 31st total of 9,600 shares. Based on an average trading volume of 159,600 shares, the short-interest ratio is currently 0.0 days.

Advantest Price Performance

OTCMKTS:ATEYY traded down $2.53 on Friday, hitting $32.15. The company had a trading volume of 579,918 shares, compared to its average volume of 725,330. The stock has a market capitalization of $23.73 billion, a price-to-earnings ratio of 42.72 and a beta of 1.46. The company has a current ratio of 2.22, a quick ratio of 1.08 and a debt-to-equity ratio of 0.05. The firm has a 50 day moving average of $42.42 and a two-hundred day moving average of $37.16. Advantest has a 52 week low of $19.23 and a 52 week high of $49.90.

Advantest (OTCMKTS:ATEYY) last issued its quarterly earnings data on Wednesday, January 31st. The company reported $0.19 EPS for the quarter. The business had revenue of $902.25 million during the quarter. Advantest had a net margin of 15.67% and a return on equity of 20.16%. On average, research analysts anticipate that Advantest will post 0.79 earnings per share for the current year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics systems in Japan, the United States, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Service and other departments.