Sharp Corp. (OTCMKTS:SHCAY) Short Interest Down 25.7% in July

Sharp Corp. (OTCMKTS:SHCAY) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 2,600 shares, adeclineof25.7% from the July 15th total of 3,500 shares. Based on an average daily volume of 27,800 shares, the short-interest ratio is currently 0.1 days. Approximately0.0% of the company’s stock are short sold. Approximately0.0% of the company’s stock are short sold. Based on an average daily volume of 27,800 shares, the short-interest ratio is currently 0.1 days.

Sharp Stock Up 0.4%

SHCAY stock opened at $1.3850 on Friday. The company has a 50 day moving average of $1.18 and a two-hundred day moving average of $1.33. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 2.42. Sharp has a 12-month low of $1.01 and a 12-month high of $1.74. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 8.66 and a beta of 0.73.

Sharp (OTCMKTS:SHCAY) last announced its quarterly earnings data on Friday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The business had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.09 billion. Sharp had a return on equity of 18.62% and a net margin of 3.12%. On average, equities analysts anticipate that Sharp will post 0.01 earnings per share for the current fiscal year.

About Sharp

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.