Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Up 94.1% in December

Tokyo Electron Limited (OTCMKTS:TOELY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 92,200 shares, an increase of 94.1% from the December 15th total of 47,500 shares. Based on an average trading volume of 254,700 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded Tokyo Electron to a “strong-buy” rating in a report on Monday, October 7th.

Tokyo Electron Price Performance

Shares of TOELY traded down $0.76 during mid-day trading on Tuesday, reaching $83.08. The company’s stock had a trading volume of 189,439 shares, compared to its average volume of 151,905. The company’s 50 day moving average is $76.91 and its 200 day moving average is $85.79. The stock has a market cap of $76.55 billion, a PE ratio of 31.00 and a beta of 1.51. Tokyo Electron has a 12-month low of $68.83 and a 12-month high of $134.91.

About Tokyo Electron

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.