MoSys Inc. (NASDAQ:MOSY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 81,200 shares, a growth of 43.5% from the September 15th total of 56,600 shares. Approximately 3.8% of the shares of the stock are sold short. Based on an average daily volume of 102,000 shares, the days-to-cover ratio is currently 0.8 days.
Separately, ValuEngine upgraded MoSys from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.
Shares of MoSys stock traded up $0.11 during trading on Monday, hitting $2.29. 18,700 shares of the stock traded hands, compared to its average volume of 66,391. The company has a quick ratio of 6.49, a current ratio of 6.89 and a debt-to-equity ratio of 0.38. The stock has a market cap of $4.88 million, a price-to-earnings ratio of 2.24 and a beta of 1.24. The firm’s fifty day moving average is $2.34 and its 200-day moving average is $0.85. MoSys has a 52 week low of $2.00 and a 52 week high of $6.70.
MoSys, Inc, together with its subsidiaries, operates as a semiconductor company in North America, Japan, Taiwan, and internationally. The company develops and sells integrated circuits (ICs) for the high-speed cloud networking, communications, security appliance, video, monitor and test, data center, and computing markets.
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