Short Interest in Sharp Co. (OTCMKTS:SHCAY) Declines By 25.6%

Sharp Co. (OTCMKTS:SHCAY) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,900 shares, a decline of 25.6% from the November 30th total of 3,900 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 0.7 days.

Sharp Stock Performance

Shares of SHCAY traded up $0.02 during mid-day trading on Friday, reaching $1.52. The company’s stock had a trading volume of 2,447 shares, compared to its average volume of 9,126. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 3.15. Sharp has a 1-year low of $1.16 and a 1-year high of $1.91. The business has a 50-day simple moving average of $1.51 and a two-hundred day simple moving average of $1.49. The stock has a market cap of $3.95 billion, a P/E ratio of -4.47 and a beta of 0.80.

About Sharp

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.