Surge Component (OTCMKTS:SPRS) Shares Shorted: Short Interest Up 369.6% in September

Surge Component (OTCMKTS:SPRS) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 108 shares, a growth of 369.6% from the August 31st total of 23 shares. Based on an average daily trading volume, of 4,182 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Surge Component Price Performance

Shares of OTCMKTS SPRS opened at $3.99 on Friday. The company has a market capitalization of $23.30 million, a price-to-earnings ratio of 17.35 and a beta of 0.33. The business has a 50-day moving average of $3.96 and a two-hundred day moving average of $3.68. Surge Component has a 1 year low of $2.53 and a 1 year high of $4.30.

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

About Surge Component

Surge Components, Inc is a distributor of electronic components for manufacturers, contract manufacturers, distributors and other commercial customers. The company supplies parts used in a range of electronic and electrical applications, serving customers in the United States and, where applicable, international markets.

Its product offerings include capacitors, resistors, switches, relays, circuit-protection devices, batteries, connectors, light-emitting diodes, wire and cable, and related electronic components.