ROHM Co., Ltd. (OTCMKTS:ROHCY) Short Interest Update

ROHM Co., Ltd. (OTCMKTS:ROHCY) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 9,200 shares, a decrease of 13.2% from the February 28th total of 10,600 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

ROHM Stock Down 1.6 %

ROHCY traded down $0.15 on Thursday, reaching $9.39. 1,617 shares of the company traded hands, compared to its average volume of 19,320. The firm has a fifty day simple moving average of $10.11 and a two-hundred day simple moving average of $10.14. ROHM has a one year low of $8.79 and a one year high of $16.35. The company has a current ratio of 2.73, a quick ratio of 1.79 and a debt-to-equity ratio of 0.32.

ROHM (OTCMKTS:ROHCY) last issued its earnings results on Monday, February 3rd. The technology company reported ($0.03) earnings per share for the quarter.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Macquarie raised shares of ROHM from a “strong sell” rating to a “hold” rating in a research note on Monday, March 17th. The Goldman Sachs Group lowered ROHM from a “strong-buy” rating to a “hold” rating in a research report on Monday.

About ROHM

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.