ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Short Interest Up 32.8% in November

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 17,400 shares, a growth of 32.8% from the October 31st total of 13,100 shares. Based on an average trading volume of 19,600 shares, the days-to-cover ratio is presently 0.9 days.

ChipMOS TECHNOLOGIES Stock Up 0.7 %

IMOS stock opened at $19.62 on Monday. The company has a current ratio of 3.07, a quick ratio of 2.72 and a debt-to-equity ratio of 0.49. The company’s 50-day moving average price is $21.70 and its 200 day moving average price is $23.89. ChipMOS TECHNOLOGIES has a 52 week low of $19.19 and a 52 week high of $32.19. The company has a market cap of $713.38 million, a P/E ratio of 13.72 and a beta of 0.91.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last announced its quarterly earnings results on Tuesday, November 5th. The semiconductor company reported $0.26 EPS for the quarter. The business had revenue of $191.70 million for the quarter. ChipMOS TECHNOLOGIES had a return on equity of 6.66% and a net margin of 7.25%.

Institutional Trading of ChipMOS TECHNOLOGIES

A number of institutional investors have recently bought and sold shares of IMOS. Blue Trust Inc. increased its position in shares of ChipMOS TECHNOLOGIES by 49,831.3% in the second quarter. Blue Trust Inc. now owns 7,989 shares of the semiconductor company’s stock valued at $209,000 after buying an additional 7,973 shares in the last quarter. Ballentine Partners LLC grew its stake in ChipMOS TECHNOLOGIES by 20.2% in the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock valued at $364,000 after acquiring an additional 2,611 shares during the last quarter. Caprock Group LLC purchased a new position in ChipMOS TECHNOLOGIES during the 2nd quarter valued at about $441,000. Finally, Vanguard Personalized Indexing Management LLC raised its position in ChipMOS TECHNOLOGIES by 4.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock worth $1,431,000 after acquiring an additional 2,319 shares during the last quarter. 7.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of ChipMOS TECHNOLOGIES from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th.

About ChipMOS TECHNOLOGIES

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.