Short Interest in Sumco Co. (OTCMKTS:SUOPY) Grows By 172.7%

Sumco Co. (OTCMKTS:SUOPY - Get Free Report) was the target of a significant growth in short interest during the month of 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. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is presently 0.4 days.

Sumco Stock Performance

OTCMKTS SUOPY traded up $0.19 during trading hours on Friday, hitting $13.84. 1,605 shares of the stock were exchanged, compared to its average volume of 4,035. The company has a quick ratio of 1.20, a current ratio of 2.51 and a debt-to-equity ratio of 0.45. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 18.45 and a beta of 1.01. Sumco has a 12-month low of $10.29 and a 12-month high of $33.54. The stock has a 50-day moving average of $14.13 and a 200 day moving average of $15.57.

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

About Sumco

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.