Sumco Co. (OTCMKTS:SUOPY) Sees Large Increase in Short Interest

Sumco Co. (OTCMKTS:SUOPY - Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,000 shares, a growth of 172.7% from the March 31st total of 1,100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is presently 0.4 days.

Sumco Stock Up 1.4 %

Shares of OTCMKTS SUOPY traded up $0.19 during mid-day trading on Friday, reaching $13.84. The company had a trading volume of 1,605 shares, compared to its average volume of 4,037. Sumco has a 52-week low of $10.29 and a 52-week high of $33.54. The stock has a market cap of $2.42 billion, a P/E ratio of 18.45 and a beta of 1.01. The company has a current ratio of 2.51, a quick ratio of 1.20 and a debt-to-equity ratio of 0.45. The firm has a 50 day simple moving average of $14.09 and a two-hundred day simple moving average of $15.48.

Sumco (OTCMKTS:SUOPY - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.13. Sumco had a return on equity of 3.97% and a net margin of 4.99%.

Sumco Company Profile

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.