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

Sumco Co. (OTCMKTS:SUOPY) saw a significant decrease in short interest in the month of 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 trading volume, of 10,400 shares, the days-to-cover ratio is presently 0.1 days.

Sumco Stock Down 1.9 %

Shares of OTCMKTS SUOPY opened at $15.20 on Friday. Sumco has a 1 year low of $13.97 and a 1 year high of $34.84. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.51 and a quick ratio of 1.20. The firm has a market cap of $2.66 billion, a PE ratio of 20.27 and a beta of 1.01. The company has a 50 day simple moving average of $15.10 and a 200 day simple moving average of $18.07.

Sumco (OTCMKTS:SUOPY) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.36 earnings per share (EPS) for the quarter, beating 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.