Surge Components, Inc. (OTCMKTS:SPRS) Short Interest Down 88.9% in December

Surge Components, Inc. (OTCMKTS:SPRS) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 100 shares, a drop of 88.9% from the December 15th total of 900 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is currently 0.0 days.

Surge Components Stock Up 4.5 %

OTCMKTS SPRS traded up $0.10 during trading on Monday, hitting $2.30. 1,000 shares of the stock traded hands, compared to its average volume of 1,400. Surge Components has a 12-month low of $2.00 and a 12-month high of $3.12. The firm has a 50-day simple moving average of $2.25 and a 200-day simple moving average of $2.30. The company has a market capitalization of $12.83 million, a P/E ratio of 25.56 and a beta of 0.86.

Surge Components (OTCMKTS:SPRS) last released its quarterly earnings data on Tuesday, October 15th. The company reported $0.08 EPS for the quarter. The business had revenue of $7.97 million during the quarter. Surge Components had a net margin of 1.61% and a return on equity of 2.60%.

About Surge Components

Surge Components, Inc, together with its subsidiaries, supplies electronic products and components. It offers capacitors, which are electrical energy storage devices; and discrete semiconductor components, such as rectifiers, transistors, diodes, circuit protection devices, and audible components comprising audible transducers, Piezo buzzers, speakers, and microphones.