Sysmex Co. (OTCMKTS:SSMXY) Sees Large Decline in Short Interest

Sysmex Co. (OTCMKTS:SSMXY) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 5,200 shares, a decrease of 55.9% from the October 15th total of 11,800 shares. Based on an average daily volume of 106,400 shares, the short-interest ratio is currently 0.0 days.

Sysmex Stock Performance

Shares of SSMXY remained flat at $20.01 during trading hours on Wednesday. The stock had a trading volume of 46,639 shares, compared to its average volume of 105,642. The company’s 50 day simple moving average is $19.28 and its 200 day simple moving average is $17.72. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.40 and a current ratio of 3.23. Sysmex has a 52 week low of $14.38 and a 52 week high of $29.78. The company has a market capitalization of $12.59 billion, a P/E ratio of 39.49 and a beta of 0.84.

About Sysmex

Sysmex Corporation engages in the development, manufacture, and sale of diagnostic instruments, reagents, and related software in Japan. It offers three-part and five-part white blood cell differentiation instruments for use in hematology; and transport systems for high-volume testing in labs. The company also provides automated urine particle analyzers; automated blood coagulation analyzers; automated immunochemistry systems, which perform assays on minute sample quantities, as well as reagents to test for infectious disease and tumor markers; and flow cytometers to perform analysis in diagnosing leukemia, malignant lymphoma, and HIV/AIDS.