Advantest Co. (OTCMKTS:ATEYY) Sees Significant Increase in Short Interest

Advantest Co. (OTCMKTS:ATEYY) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 15,300 shares, a growth of 22.4% from the January 31st total of 12,500 shares. Based on an average trading volume of 164,700 shares, the days-to-cover ratio is currently 0.1 days.

Advantest Price Performance

ATEYY stock opened at $53.15 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.78 and a current ratio of 2.94. Advantest has a 1 year low of $31.52 and a 1 year high of $65.40. The firm has a market cap of $39.22 billion, a P/E ratio of 43.56 and a beta of 1.34. The stock has a 50-day simple moving average of $59.08 and a 200-day simple moving average of $54.66.

Advantest (OTCMKTS:ATEYY) last posted its earnings results on Wednesday, January 29th. The company reported $0.46 earnings per share (EPS) for the quarter. Advantest had a return on equity of 29.15% and a net margin of 19.95%. On average, equities analysts predict that Advantest will post 1.61 earnings per share for the current fiscal year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.