ROHM Co., Ltd. (OTCMKTS:ROHCY) Sees Significant Increase in Short Interest

ROHM Co., Ltd. (OTCMKTS:ROHCY) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 74,700 shares, a growth of 62.7% from the September 30th total of 45,900 shares. Based on an average daily volume of 102,500 shares, the days-to-cover ratio is presently 0.7 days.

ROHM Stock Up 2.8 %

ROHCY traded up $0.31 during trading hours on Tuesday, hitting $11.41. The company’s stock had a trading volume of 56,690 shares, compared to its average volume of 48,416. The company has a 50-day simple moving average of $11.53 and a 200 day simple moving average of $12.71. The company has a quick ratio of 1.39, a current ratio of 2.16 and a debt-to-equity ratio of 0.20. ROHM has a fifty-two week low of $10.42 and a fifty-two week high of $20.33.

ROHM (OTCMKTS:ROHCY) last issued its quarterly earnings results on Monday, August 5th. The technology company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The firm had revenue of $758.71 million during the quarter, compared to the consensus estimate of $746.50 million. As a group, equities research analysts expect that ROHM will post 0.16 earnings per share for the current year.

About ROHM

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.