Short Interest in Sumco Co. (OTCMKTS:SUMCF) Rises By 21.4%

Sumco Co. (OTCMKTS:SUMCFGet Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 10,522,300 shares, an increase of 21.4% from the September 30th total of 8,665,400 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is currently 2,238.8 days.

Sumco Trading Up 0.4 %

OTCMKTS:SUMCF traded up $0.03 during trading hours on Wednesday, reaching $9.44. 5,376 shares of the company were exchanged, compared to its average volume of 6,834. Sumco has a 1-year low of $9.26 and a 1-year high of $17.62. The business has a 50 day moving average of $10.63 and a 200 day moving average of $13.55.

Sumco Company Profile

(Get Free Report)

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.

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