SUMCO (OTCMKTS:SUOPY) Short Interest Up 58.3% in February

SUMCO (OTCMKTS:SUOPY) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 5,876 shares, a growth of 58.3% from the February 12th total of 3,711 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,412 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily volume of 2,412 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.0% of the company’s stock are short sold.

SUMCO Price Performance

SUOPY opened at $19.14 on Friday. SUMCO has a 1 year low of $10.29 and a 1 year high of $24.15. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.21 and a quick ratio of 1.33. The firm has a market capitalization of $3.35 billion, a PE ratio of -42.53 and a beta of 1.06. The business’s 50-day moving average is $20.77 and its two-hundred day moving average is $19.44.

SUMCO (OTCMKTS:SUOPY) last announced its quarterly earnings data on Tuesday, February 10th. The company reported ($0.40) EPS for the quarter. The business had revenue of $683.19 million for the quarter. SUMCO had a negative net margin of 2.82% and a negative return on equity of 1.76%.

SUMCO Company Profile

SUMCO Corporation (OTCMKTS: SUOPY) is a premier global supplier of silicon wafers, a foundational material used in the fabrication of semiconductor devices. The company specializes in producing single-crystal silicon wafers in diameters ranging from 150 mm to 300 mm, serving high-performance applications in memory, logic, power devices and discrete components. In addition to its core wafer business, SUMCO offers epitaxial wafers and specialty silicon products designed to meet the exacting requirements of next-generation semiconductor nodes and power electronics.

Founded in 1975 as a spin-off from Mitsubishi Silicon, SUMCO has grown through strategic investments in research and development to advance wafer quality, diameter scaling and defect reduction.