Disco Co. (OTCMKTS:DSCSY) Short Interest Update

Disco Co. (OTCMKTS:DSCSY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,700 shares, a drop of 97.9% from the November 30th total of 81,800 shares. Based on an average trading volume of 144,900 shares, the days-to-cover ratio is presently 0.0 days.

Disco Stock Performance

OTCMKTS DSCSY traded up $0.08 during trading on Friday, hitting $27.28. 84,946 shares of the company’s stock traded hands, compared to its average volume of 133,035. The stock has a market capitalization of $29.57 billion, a price-to-earnings ratio of 42.63 and a beta of 1.07. The business has a 50 day moving average of $27.43 and a 200-day moving average of $29.79. Disco has a 12-month low of $22.50 and a 12-month high of $42.93.

Disco (OTCMKTS:DSCSY) last posted its quarterly earnings results on Thursday, October 17th. The company reported $0.18 EPS for the quarter. Disco had a return on equity of 27.79% and a net margin of 29.12%. The firm had revenue of $646.84 million during the quarter. On average, analysts expect that Disco will post 0.74 EPS for the current year.

Disco Company Profile

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.