Sharp Co. (OTCMKTS:SHCAY) Short Interest Up 57.1% in February

Sharp Co. (OTCMKTS:SHCAY) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 3,300 shares, a growth of 57.1% from the January 31st total of 2,100 shares. Based on an average daily volume of 30,000 shares, the short-interest ratio is presently 0.1 days.

Sharp Stock Down 1.3 %

Sharp stock traded down $0.02 during midday trading on Tuesday, hitting $1.58. The stock had a trading volume of 3,304 shares, compared to its average volume of 6,821. The business has a fifty day moving average price of $1.50 and a 200 day moving average price of $1.52. Sharp has a 12 month low of $1.16 and a 12 month high of $1.74. The stock has a market cap of $4.10 billion, a P/E ratio of -3.95 and a beta of 0.77. The company has a current ratio of 1.21, a quick ratio of 0.88 and a debt-to-equity ratio of 3.15.

Sharp (OTCMKTS:SHCAY) last issued its quarterly earnings results on Friday, February 7th. The company reported ($0.01) earnings per share for the quarter. Sharp had a negative net margin of 7.12% and a negative return on equity of 17.10%. Research analysts predict that Sharp will post 0.01 EPS for the current year.

Sharp Company Profile

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.