Short Interest in Seiko Epson Co. (OTCMKTS:SEKEY) Increases By 2,526.9%

Seiko Epson Co. (OTCMKTS:SEKEY) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 68,300 shares, an increase of 2,526.9% from the February 28th total of 2,600 shares. Based on an average daily volume of 86,200 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the shares of the company are sold short.

Seiko Epson Stock Performance

OTCMKTS:SEKEY traded down $0.03 on Thursday, reaching $8.31. 27,449 shares of the company’s stock were exchanged, compared to its average volume of 37,855. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 14.57 and a beta of 0.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 1.17. The stock has a fifty day simple moving average of $8.35 and a 200-day simple moving average of $8.80. Seiko Epson has a 52 week low of $7.52 and a 52 week high of $9.69.

Seiko Epson (OTCMKTS:SEKEY) last issued its earnings results on Friday, January 31st. The company reported $0.24 earnings per share (EPS) for the quarter. Seiko Epson had a net margin of 4.24% and a return on equity of 6.63%. As a group, sell-side analysts predict that Seiko Epson will post 0.48 earnings per share for the current 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.