Sumco Co. (OTCMKTS:SUOPY) Short Interest Down 72.7% in February

Sumco Co. (OTCMKTS:SUOPY) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 900 shares, a decrease of 72.7% from the January 31st total of 3,300 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is currently 0.1 days.

Sumco Price Performance

Shares of Sumco stock traded down $0.50 on Friday, reaching $15.50. The company’s stock had a trading volume of 506 shares, compared to its average volume of 4,406. 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 capitalization of $2.71 billion, a P/E ratio of 20.67 and a beta of 1.01. The stock has a 50-day moving average price of $15.07 and a 200-day moving average price of $18.12. Sumco has a 52-week low of $13.97 and a 52-week high of $34.84.

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

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.