Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Down 45.1% in March

Tokyo Electron Limited (OTCMKTS:TOELY - Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 22,600 shares, a drop of 45.1% from the March 15th total of 41,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 242,400 shares, the days-to-cover ratio is presently 0.1 days.

Tokyo Electron Stock Performance

Shares of TOELY traded up $0.16 during mid-day trading on Monday, hitting $69.01. 100,864 shares of the company were exchanged, compared to its average volume of 154,744. Tokyo Electron has a 1-year low of $58.17 and a 1-year high of $120.35. The stock has a market cap of $63.58 billion, a price-to-earnings ratio of 25.75 and a beta of 1.67. The company has a 50 day moving average of $73.00 and a 200-day moving average of $77.29.

Tokyo Electron (OTCMKTS:TOELY - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $1.12 earnings per share for the quarter. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. Research analysts anticipate that Tokyo Electron will post 3.23 earnings per share for the current fiscal year.

About Tokyo Electron

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.