SUMCO (OTCMKTS:SUOPY) Short Interest Update

SUMCO (OTCMKTS:SUOPY) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 807 shares, a decrease of 95.4% from the May 14th total of 17,425 shares. Based on an average trading volume of 9,758 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

SUMCO Stock Down 7.3%

Shares of SUMCO stock traded down $3.31 during midday trading on Tuesday, hitting $42.25. The company had a trading volume of 6,275 shares, compared to its average volume of 6,888. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.33 and a current ratio of 3.21. The stock has a market capitalization of $7.39 billion, a P/E ratio of -48.56 and a beta of 1.52. The company has a 50 day moving average of $35.13 and a 200 day moving average of $24.99. SUMCO has a 52-week low of $13.15 and a 52-week high of $55.80.

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.