Short Interest in Sharp Co. (OTCMKTS:SHCAY) Increases By 55.6%

Sharp Co. (OTCMKTS:SHCAY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,400 shares, an increase of 55.6% from the May 31st total of 900 shares. Based on an average daily volume of 8,700 shares, the short-interest ratio is currently 0.2 days.

Sharp Stock Down 4.8 %

OTCMKTS SHCAY traded down $0.07 on Friday, reaching $1.40. 1,304 shares of the stock traded hands, compared to its average volume of 8,575. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.80 and a current ratio of 1.14. The company has a fifty day moving average price of $1.39 and a 200-day moving average price of $1.45. The company has a market cap of $3.64 billion, a price-to-earnings ratio of -3.68 and a beta of 0.95. Sharp has a 12 month low of $1.16 and a 12 month high of $1.91.

Sharp Company Profile

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.