Sumco Co. (OTCMKTS:SUOPY) Short Interest Up 1,800.0% in May

Sumco Co. (OTCMKTS:SUOPY) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 1,900 shares, an increase of 1,800.0% from the May 15th total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,900 shares, the days-to-cover ratio is currently 0.5 days.

Sumco Trading Up 13.8%

Shares of OTCMKTS:SUOPY opened at $14.97 on Thursday. Sumco has a one year low of $10.29 and a one year high of $33.54. 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 company’s 50-day moving average price is $13.19 and its two-hundred day moving average price is $14.54. The stock has a market capitalization of $2.62 billion, a PE ratio of 19.96 and a beta of 0.94.

Sumco (OTCMKTS:SUOPY) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.11 earnings per share for the quarter. The business had revenue of $672.11 million during the quarter. Sumco had a net margin of 4.99% and a return on equity of 3.97%.

Sumco Company Profile

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.