Disco Co. (OTCMKTS:DSCSY) Short Interest Up 322.2% in March

Disco Co. (OTCMKTS:DSCSY - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 26,600 shares, an increase of 322.2% from the March 15th total of 6,300 shares. Based on an average trading volume of 62,400 shares, the days-to-cover ratio is presently 0.4 days.

Disco Stock Up 0.1 %

OTCMKTS DSCSY traded up $0.03 during mid-day trading on Wednesday, reaching $37.14. 39,896 shares of the stock were exchanged, compared to its average volume of 142,648. Disco has a 1-year low of $10.53 and a 1-year high of $38.73. The business's fifty day simple moving average is $32.82 and its 200 day simple moving average is $25.56.

Disco (OTCMKTS:DSCSY - Get Free Report) last announced its earnings results on Wednesday, January 24th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $521.41 million for the quarter. As a group, sell-side analysts anticipate that Disco will post 0.47 earnings per share for the current year.

About Disco

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.

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