Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) Short Interest Update

Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 575,200 shares, a drop of 8.5% from the June 30th total of 628,600 shares. Approximately 3.1% of the shares of the stock are sold short. Based on an average trading volume of 78,200 shares, the days-to-cover ratio is presently 7.4 days.

NASDAQ AOSL opened at $11.42 on Friday. The firm’s fifty day moving average price is $9.68 and its two-hundred day moving average price is $10.47. The stock has a market cap of $274.98 million, a PE ratio of 16.31 and a beta of 1.08. Alpha and Omega Semiconductor has a fifty-two week low of $8.22 and a fifty-two week high of $15.21. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.20 and a current ratio of 1.83.

A number of research analysts recently issued reports on AOSL shares. Zacks Investment Research raised shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $13.00 price objective on the stock in a research note on Tuesday. ValuEngine raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Loop Capital started coverage on shares of Alpha and Omega Semiconductor in a research note on Tuesday, June 18th. They issued a “buy” rating and a $13.00 price objective on the stock.



Several hedge funds and other institutional investors have recently bought and sold shares of AOSL. Bank of New York Mellon Corp grew its position in Alpha and Omega Semiconductor by 4.6% in the 4th quarter. Bank of New York Mellon Corp now owns 101,818 shares of the semiconductor company’s stock worth $1,038,000 after purchasing an additional 4,479 shares in the last quarter. FMR LLC raised its holdings in shares of Alpha and Omega Semiconductor by 9.8% during the fourth quarter. FMR LLC now owns 980,500 shares of the semiconductor company’s stock valued at $9,991,000 after purchasing an additional 87,300 shares during the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of Alpha and Omega Semiconductor by 427.6% during the first quarter. BNP Paribas Arbitrage SA now owns 4,152 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 3,365 shares during the last quarter. Spark Investment Management LLC purchased a new position in shares of Alpha and Omega Semiconductor during the first quarter valued at approximately $229,000. Finally, Royce & Associates LP raised its holdings in shares of Alpha and Omega Semiconductor by 6.6% during the first quarter. Royce & Associates LP now owns 1,614,916 shares of the semiconductor company’s stock valued at $18,588,000 after purchasing an additional 100,122 shares during the last quarter. 63.35% of the stock is currently owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

Featured Story: Example of operating income, EBIT and EBITDA

Receive News & Ratings for Alpha and Omega Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha and Omega Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.