Sharp Co. (OTCMKTS:SHCAY) Short Interest Up 39.3% in November

Sharp Co. (OTCMKTS:SHCAY) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,900 shares, an increase of 39.3% from the November 15th total of 2,800 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is presently 0.3 days.

Sharp Stock Up 5.0 %

Shares of SHCAY traded up $0.07 during trading hours on Friday, reaching $1.57. 6,930 shares of the company traded hands, compared to its average volume of 4,134. The stock’s fifty day moving average is $1.51 and its 200 day moving average is $1.49. The company has a quick ratio of 0.84, a current ratio of 1.21 and a debt-to-equity ratio of 3.15. Sharp has a 1-year low of $1.16 and a 1-year 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.