Sumco Co. (OTCMKTS:SUOPY) Short Interest Update

Sumco Co. (OTCMKTS:SUOPY) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,000 shares, a growth 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 Trading Up 1.4 %

OTCMKTS:SUOPY traded up $0.41 on Friday, reaching $29.72. 532 shares of the stock traded hands, compared to its average volume of 2,353. The firm has a market capitalization of $5.20 billion, a price-to-earnings ratio of 11.05 and a beta of 1.19. The company’s 50 day moving average is $32.04 and its 200-day moving average is $30.10. The company has a current ratio of 2.32, a quick ratio of 1.25 and a debt-to-equity ratio of 0.30. Sumco has a 1-year low of $24.64 and a 1-year high of $34.84.

Sumco (OTCMKTS:SUOPY) last released its 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 net margin of 15.44% and a return on equity of 7.02%. Equities research analysts anticipate that Sumco will post 1.38 EPS for the current fiscal year.

About Sumco

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.