Sharp Co. (OTCMKTS:SHCAY) Short Interest Update

Sharp Co. (OTCMKTS:SHCAY) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,100 shares, a decrease of 36.4% from the January 15th total of 3,300 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 0.3 days.

Sharp Stock Performance

Shares of SHCAY stock opened at $1.57 on Thursday. The business’s 50 day moving average is $1.48 and its two-hundred day moving average is $1.50. The company has a current ratio of 1.21, a quick ratio of 0.88 and a debt-to-equity ratio of 3.15. Sharp has a 12 month low of $1.16 and a 12 month high of $1.74.

Sharp (OTCMKTS:SHCAY) last announced its earnings results on Friday, February 7th. The company reported ($0.01) EPS for the quarter. Sharp had a negative return on equity of 15.64% and a negative net margin of 5.90%. Sell-side analysts predict that Sharp will post 0.01 earnings per share for the current year.

About Sharp

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.