Short Interest in Seiko Epson Co. (OTCMKTS:SEKEY) Drops By 35.9%

Seiko Epson Co. (OTCMKTS:SEKEY) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 8,200 shares, a decrease of 35.9% from the October 31st total of 12,800 shares. Based on an average daily volume of 29,200 shares, the days-to-cover ratio is presently 0.3 days.

Seiko Epson Stock Performance

SEKEY traded down $0.01 on Thursday, reaching $8.87. 20,267 shares of the stock were exchanged, compared to its average volume of 19,604. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.12 and a quick ratio of 1.28. The company’s 50-day moving average price is $9.10 and its 200 day moving average price is $8.58. The firm has a market capitalization of $6.83 billion, a PE ratio of 18.11 and a beta of 0.92. Seiko Epson has a fifty-two week low of $6.92 and a fifty-two week high of $9.69.

Seiko Epson (OTCMKTS:SEKEY) last issued its earnings results on Friday, November 1st. The company reported $0.04 EPS for the quarter. Seiko Epson had a return on equity of 5.62% and a net margin of 3.54%. The firm had revenue of $2.27 billion for the quarter. As a group, sell-side analysts forecast that Seiko Epson will post 0.44 EPS for the current fiscal year.

About Seiko Epson

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates through three segments: Printing Solutions, Visual Communications, and Manufacturing-related and Wearables segments.