Disco Co. (OTCMKTS:DSCSY) Short Interest Update

Disco Co. (OTCMKTS:DSCSY) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 7,700 shares, a decrease of 13.5% from the February 13th total of 8,900 shares. Based on an average daily volume of 220,100 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Disco Price Performance

OTCMKTS DSCSY traded down $0.44 during mid-day trading on Wednesday, reaching $23.60. The stock had a trading volume of 85,227 shares, compared to its average volume of 245,977. The stock has a market cap of $25.58 billion, a PE ratio of 32.33 and a beta of 1.03. Disco has a 1 year low of $21.21 and a 1 year high of $42.93. The company has a fifty day moving average price of $27.98 and a 200 day moving average price of $27.10.

Disco (OTCMKTS:DSCSY) last posted its earnings results on Thursday, January 23rd. The company reported $0.19 EPS for the quarter. Disco had a return on equity of 28.36% and a net margin of 32.04%. As a group, equities research analysts expect that Disco will post 0.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Nomura Securities raised shares of Disco to a “hold” rating in a report on Friday, February 21st.

Disco Company Profile

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.