Surge Component (OTCMKTS:SPRS) Short Interest Down 67.6% in August

Surge Component (OTCMKTS:SPRS) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 95 shares, a decline of 67.6% from the July 30th total of 293 shares. Based on an average daily volume of 5,308 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Surge Component Stock Up 4.8%

Surge Component stock opened at $4.14 on Thursday. Surge Component has a 52-week low of $2.25 and a 52-week high of $4.30. The firm has a market capitalization of $24.14 million, a price-to-earnings ratio of 18.00 and a beta of 0.31. The firm has a 50-day moving average price of $3.83 and a two-hundred day moving average price of $3.58.

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

Surge Component Company Profile

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.