Short Interest in SUMCO (OTCMKTS:SUOPY) Rises By 1,081.8%

SUMCO (OTCMKTS:SUOPY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 54,506 shares, a growth of 1,081.8% from the June 30th total of 4,612 shares. Based on an average trading volume of 38,489 shares, the short-interest ratio is currently 1.4 days. Currently, 0.0% of the company’s shares are sold short.

SUMCO Trading Down 2.8%

OTCMKTS:SUOPY traded down $1.26 during midday trading on Friday, hitting $43.51. The stock had a trading volume of 5,687 shares, compared to its average volume of 6,788. SUMCO has a one year low of $14.55 and a one year high of $69.37. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of -50.01 and a beta of 1.50. The stock has a 50-day moving average of $50.03 and a 200 day moving average of $33.15. The company has a quick ratio of 1.51, a current ratio of 3.36 and a debt-to-equity ratio of 0.52.

About SUMCO

SUMCO Corporation (OTCMKTS: SUOPY) is a premier global supplier of silicon wafers, a foundational material used in the fabrication of semiconductor devices. The company specializes in producing single-crystal silicon wafers in diameters ranging from 150 mm to 300 mm, serving high-performance applications in memory, logic, power devices and discrete components. In addition to its core wafer business, SUMCO offers epitaxial wafers and specialty silicon products designed to meet the exacting requirements of next-generation semiconductor nodes and power electronics.

Founded in 1975 as a spin-off from Mitsubishi Silicon, SUMCO has grown through strategic investments in research and development to advance wafer quality, diameter scaling and defect reduction.