Short Interest in Rohm Co. (OTCMKTS:ROHCY) Rises By 280.3%

Key Points

• Rohm Co. experienced a significant 280.3% increase in short interest for July, bringing the total to 27,000 shares as of July 31st.
• The company's recent quarterly earnings report showed an EPS of $0.05 and a negative net margin of 11.07% with revenues reaching $804.37 million.
• Rohm's market cap stands at $5.53 billion and the stock is currently trading at approximately $13.69, reflecting a slight decline of 0.4%.

Rohm Co. (OTCMKTS:ROHCY - Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 27,000 shares, agrowthof280.3% from the July 15th total of 7,100 shares. Based on an average daily trading volume, of 13,600 shares, the short-interest ratio is presently 2.0 days. Currently,0.0% of the company's stock are sold short. Currently,0.0% of the company's stock are sold short. Based on an average daily trading volume, of 13,600 shares, the short-interest ratio is presently 2.0 days.

Rohm Stock Performance

Shares of Rohm stock traded down $0.56 during midday trading on Wednesday, hitting $14.17. The company had a trading volume of 3,794 shares, compared to its average volume of 4,515. The company has a fifty day simple moving average of $12.87 and a 200 day simple moving average of $10.85. The stock has a market cap of $5.72 billion, a price-to-earnings ratio of -16.67 and a beta of 1.00. The company has a quick ratio of 1.63, a current ratio of 2.56 and a debt-to-equity ratio of 0.34. Rohm has a 12-month low of $7.49 and a 12-month high of $14.7350.

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

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.