Rohm Co. (OTCMKTS:ROHCY) Short Interest Update

Key Points

• Rohm Co. experienced a significant decrease in short interest, down 75.6% in August, totaling 6,600 shares as of August 15th.
• The company's stock opened at $14.40 with a market capitalization of $5.81 billion and reported $804.37 million in revenue for the last quarter.
• Rohm Co. reported earnings of $0.05 per share, but also noted a negative net margin of 11.07% and a negative return on equity of 2.51%.

Rohm Co. (OTCMKTS:ROHCY - Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 15th, there was short interest totaling 6,600 shares, adecreaseof75.6% from the July 31st total of 27,000 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 1.3 days.

Rohm Stock Down 2.4%

Rohm stock traded down $0.34 during trading hours on Friday, hitting $13.78. The company had a trading volume of 747 shares, compared to its average volume of 2,238. The firm has a market capitalization of $5.56 billion, a P/E ratio of -16.21 and a beta of 1.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.56 and a quick ratio of 1.63. The firm's fifty day moving average is $13.46 and its 200-day moving average is $11.24. Rohm has a fifty-two week low of $7.49 and a fifty-two week high of $14.99.

Rohm (OTCMKTS:ROHCY - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The technology company reported $0.05 earnings per share for the quarter. Rohm had a negative net margin of 11.07% and a negative return on equity of 2.51%. The firm had revenue of $804.37 million for the quarter.

Rohm Company Profile

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.