Sharp Co. (OTCMKTS:SHCAY) Sees Significant Drop in Short Interest

Sharp Co. (OTCMKTS:SHCAYGet Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,900 shares, a drop of 25.6% from the November 30th total of 3,900 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is presently 0.7 days.

Sharp Stock Performance

OTCMKTS:SHCAY traded down $0.02 during mid-day trading on Monday, hitting $1.50. The stock had a trading volume of 464 shares, compared to its average volume of 9,090. Sharp has a 52 week low of $1.16 and a 52 week high of $1.91. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 3.15. The stock has a market capitalization of $3.90 billion, a price-to-earnings ratio of -4.41 and a beta of 0.80. The company has a 50 day simple moving average of $1.51 and a 200-day simple moving average of $1.49.

About Sharp

(Get Free Report)

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.

Further Reading

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