Advantest Co. (OTCMKTS:ATEYY) Short Interest Update

Advantest Co. (OTCMKTS:ATEYY) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 33,000 shares, a drop of 25.0% from the June 30th total of 44,000 shares. Based on an average trading volume of 324,800 shares, the days-to-cover ratio is presently 0.1 days.

Advantest Stock Down 0.2 %

OTCMKTS ATEYY traded down $0.06 during midday trading on Monday, hitting $36.57. 53,800 shares of the company traded hands, compared to its average volume of 283,513. Advantest has a 52 week low of $23.48 and a 52 week high of $49.90. The company’s 50-day simple moving average is $37.38 and its 200-day simple moving average is $39.36. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.33 and a quick ratio of 1.71. The company has a market cap of $26.99 billion, a PE ratio of 63.05 and a beta of 1.49.

Advantest (OTCMKTS:ATEYY) last issued its quarterly earnings results on Friday, April 26th. The company reported $0.14 earnings per share for the quarter. Advantest had a return on equity of 15.19% and a net margin of 12.76%. The business had revenue of $914.77 million during the quarter, compared to the consensus estimate of $838.83 million. As a group, equities research analysts forecast that Advantest will post 0.64 earnings per share for the current year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics systems in Japan, the United States, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Service and other departments.