Sharp Corp. (OTCMKTS:SHCAY) Sees Large Increase in Short Interest

Key Points

• Short interest jumped 48.4% to 9,580 shares as of April 15 (up from 6,455 on March 31), with a days-to-cover of 1.8 and approximately 0.0% of shares reportedly sold short.
• Sharp posted quarterly EPS of $0.03, meeting estimates while revenue of $3.03 billion missed the $3.14 billion consensus; the company set FY2025 guidance at 0.132 EPS, roughly in line with analyst forecasts of 0.13.
• The stock opened at $0.82, trades in a 12‑month range of $0.80–$1.59, has a market cap of $2.13 billion and a notably low PE ratio of 2.93.

Sharp Corp. (OTCMKTS:SHCAY - Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 9,580 shares, a growth of 48.4% from the March 31st total of 6,455 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 5,408 shares, the days-to-cover ratio is presently 1.8 days.

Sharp Price Performance

SHCAY stock opened at $0.82 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $2.13 billion, a PE ratio of 2.93 and a beta of 0.66. Sharp has a 12-month low of $0.80 and a 12-month high of $1.59. The business's fifty day moving average price is $0.91 and its 200 day moving average price is $1.12.

Sharp (OTCMKTS:SHCAY - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.14 billion. Sharp had a return on equity of 23.43% and a net margin of 5.57%.Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. On average, sell-side analysts anticipate that Sharp will post 0.13 EPS for the current year.

About Sharp

Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company's core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.

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