Advantest Co. (OTCMKTS:ATEYY) Short Interest Down 56.6% in January

Advantest Co. (OTCMKTS:ATEYY) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 12,500 shares, a decline of 56.6% from the January 15th total of 28,800 shares. Based on an average daily volume of 228,700 shares, the days-to-cover ratio is currently 0.1 days.

Advantest Stock Up 3.9 %

Shares of ATEYY stock traded up $2.27 during mid-day trading on Friday, hitting $60.59. The company’s stock had a trading volume of 40,180 shares, compared to its average volume of 108,471. The business has a 50-day moving average price of $58.55 and a 200 day moving average price of $52.80. The stock has a market cap of $44.72 billion, a price-to-earnings ratio of 49.66 and a beta of 1.37. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.73 and a current ratio of 2.98. Advantest has a 52-week low of $31.52 and a 52-week high of $65.40.

Advantest (OTCMKTS:ATEYY) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.46 EPS for the quarter. Advantest had a net margin of 19.95% and a return on equity of 29.75%. Research analysts predict that Advantest will post 1.18 EPS for the current fiscal year.

About Advantest

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.