Surge Component (OTCMKTS:SPRS) Short Interest Update

Surge Component (OTCMKTS:SPRS) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 356 shares, a growth of ∞ from the June 30th total of 0 shares. Based on an average daily trading volume, of 6,719 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Surge Component Trading Up 5.0%

Shares of SPRS opened at $3.99 on Wednesday. The company has a market cap of $23.26 million, a price-to-earnings ratio of 17.35 and a beta of 0.33. Surge Component has a 1-year low of $2.25 and a 1-year high of $4.27. The company’s fifty day simple moving average is $3.63 and its 200 day simple moving average is $3.48.

Surge Component (OTCMKTS:SPRS) last announced its quarterly earnings results on Tuesday, July 14th. The company reported $0.07 EPS for the quarter. Surge Component had a net margin of 3.53% and a return on equity of 6.24%. The firm had revenue of $9.36 million during the quarter.

About Surge Component

Surge Components, Inc, together with its subsidiaries, supplies electronic products and components. It offers capacitors, which are electrical energy storage devices; and discrete semiconductor components, such as rectifiers, transistors, diodes, circuit protection devices, and audible components comprising audible transducers, Piezo buzzers, speakers, and microphones. The company also provides resonators, alarms, chimes, filters, and discriminators, as well as fuses, printed circuit boards, and switches.