Sharp Corp. (OTCMKTS:SHCAY) Stock Short Interest Report for September

Sharp Corp. (OTCMKTS:SHCAY) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,891 shares, a growth of 86.2% from the September 15th total of 2,090 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,298 shares, the days-to-cover ratio is presently 1.2 days.

Sharp Stock Performance

Shares of SHCAY opened at $0.87 on Thursday. The company’s 50 day simple moving average is $0.96 and its 200-day simple moving average is $0.92. The firm has a market cap of $2.26 billion, a PE ratio of 12.43 and a beta of 0.65. Sharp has a 12-month low of $0.80 and a 12-month high of $1.52. The company has a current ratio of 1.44, a quick ratio of 1.01 and a debt-to-equity ratio of 1.26.

Sharp (OTCMKTS:SHCAY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Sharp had a net margin of 1.32% and a return on equity of 11.29%. The firm had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.72 billion. As a group, equities analysts predict that Sharp will post 0.07 EPS for the current year.

Sharp Company Profile

Sharp Corporation is a Japanese electronics company that develops and markets consumer electronics, business equipment and electronic components. Its product portfolio has included televisions and displays, audio and video equipment, refrigerators, microwave ovens, air conditioners, air purifiers, and other home appliances. The company also provides office solutions, including multifunction printers and related business systems.

Sharp is also active in display technologies, semiconductor-related products and electronic components, as well as solar and other energy-related solutions.