Sharp Co. (OTCMKTS:SHCAY) Short Interest Update

Sharp Co. (OTCMKTS:SHCAY) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 3,300 shares, a growth of 57.1% from the January 31st total of 2,100 shares. Based on an average daily volume of 30,000 shares, the days-to-cover ratio is currently 0.1 days.

Sharp Trading Up 0.3 %

OTCMKTS SHCAY traded up $0.00 on Friday, hitting $1.60. 372 shares of the stock were exchanged, compared to its average volume of 6,915. The company’s 50-day moving average price is $1.50 and its two-hundred day moving average price is $1.52. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.21 and a quick ratio of 0.88. Sharp has a 52-week low of $1.16 and a 52-week high of $1.74. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of -4.00 and a beta of 0.77.

Sharp (OTCMKTS:SHCAY) last posted its quarterly earnings results on Friday, February 7th. The company reported ($0.01) earnings per share for the quarter. Sharp had a negative net margin of 7.12% and a negative return on equity of 17.10%. Research analysts predict that Sharp will post 0.01 EPS 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.