Surge Components, Inc. (OTCMKTS:SPRS) Short Interest Up 900.0% in March

Surge Components, Inc. (OTCMKTS:SPRS) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,000 shares, an increase of 900.0% from the March 15th total of 100 shares. Based on an average daily volume of 4,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Surge Components Stock Down 5.5 %

SPRS traded down $0.12 during trading on Monday, reaching $2.08. 600 shares of the company were exchanged, compared to its average volume of 3,984. Surge Components has a 12-month low of $1.94 and a 12-month high of $2.85. The company’s 50-day moving average is $2.29 and its two-hundred day moving average is $2.28. The company has a market cap of $11.60 million, a price-to-earnings ratio of 23.11 and a beta of 0.56.

Surge Components (OTCMKTS:SPRS) last released its quarterly earnings data on Monday, April 14th. The company reported $0.01 EPS for 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.