Advantest Co. (OTCMKTS:ATEYY) Short Interest Up 1,109.3% in May

Advantest Co. (OTCMKTS:ATEYY - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 52,000 shares, an increase of 1,109.3% from the April 30th total of 4,300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 276,800 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ATEYY shares. Wall Street Zen lowered Advantest from a "buy" rating to a "hold" rating in a report on Friday. Sanford C. Bernstein lowered Advantest from a "strong-buy" rating to a "market perform" rating in a report on Monday, March 24th.

Advantest Stock Performance

Shares of ATEYY stock traded down $1.94 during trading on Friday, hitting $49.63. The company's stock had a trading volume of 274,446 shares, compared to its average volume of 165,585. The company has a market cap of $36.63 billion, a PE ratio of 40.68 and a beta of 1.44. The company has a current ratio of 2.94, a quick ratio of 1.78 and a debt-to-equity ratio of 0.15. The business has a fifty day moving average of $44.06 and a 200-day moving average of $53.16. Advantest has a 52 week low of $32.91 and a 52 week high of $65.40.

About Advantest

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.