SURGE COMPONENT (OTCMKTS:SPRS) Short Interest Down 75.0% in October

SURGE COMPONENT (OTCMKTS:SPRS) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 100 shares, a drop of 75.0% from the September 30th total of 400 shares. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is presently 0.0 days.

SURGE COMPONENT Stock Performance

Shares of SURGE COMPONENT stock opened at $2.83 on Tuesday. The business’s 50 day simple moving average is $2.59 and its 200 day simple moving average is $2.39. SURGE COMPONENT has a 52-week low of $1.94 and a 52-week high of $3.63. The firm has a market cap of $16.44 million, a PE ratio of 18.84 and a beta of 0.63.

SURGE COMPONENT (OTCMKTS:SPRS) last announced its earnings results on Wednesday, October 15th. The company reported $0.08 earnings per share (EPS) for the quarter. SURGE COMPONENT had a return on equity of 4.49% and a net margin of 2.56%.The business had revenue of $10.27 million for the quarter.

SURGE COMPONENT Company Profile

Surge Components, Inc, together with its subsidiaries, supplies electronic products and components. It offers capacitors, which are electrical energy storage devices; and discrete semiconductor components, such as rectifiers, transistors, diodes, circuit protection devices, and audible components comprising audible transducers, Piezo buzzers, speakers, and microphones.