Sharp Co. (OTCMKTS:SHCAY) Short Interest Up 57.1% in February

Sharp Co. (OTCMKTS:SHCAY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 3,300 shares, a growth of 57.1% from the January 31st total of 2,100 shares. Based on an average daily trading volume, of 30,000 shares, the days-to-cover ratio is presently 0.1 days.

Sharp Stock Performance

OTCMKTS SHCAY traded down $0.02 on Tuesday, hitting $1.58. 3,304 shares of the company’s stock traded hands, compared to its average volume of 6,821. The company has a current ratio of 1.21, a quick ratio of 0.88 and a debt-to-equity ratio of 3.15. Sharp has a 1-year low of $1.16 and a 1-year high of $1.74. The firm has a market capitalization of $4.10 billion, a PE ratio of -3.95 and a beta of 0.77. The firm’s 50-day moving average price is $1.50 and its two-hundred day moving average price is $1.52.

Sharp (OTCMKTS:SHCAY) last released its quarterly earnings results on Friday, February 7th. The company reported ($0.01) earnings per share for the quarter. Sharp had a negative return on equity of 17.10% and a negative net margin of 7.12%. As a group, analysts expect that Sharp will post 0.01 EPS for the current year.

About Sharp

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.