Advantest Co. (OTCMKTS:ATEYY) Short Interest Update

Advantest Co. (OTCMKTS:ATEYY) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 2,000 shares, a decline of 74.0% from the May 31st total of 7,700 shares. Based on an average daily volume of 220,200 shares, the days-to-cover ratio is currently 0.0 days.

Advantest Price Performance

Advantest stock traded up $1.55 during midday trading on Friday, hitting $40.70. The company’s stock had a trading volume of 347,620 shares, compared to its average volume of 239,813. The company has a quick ratio of 1.06, a current ratio of 2.23 and a debt-to-equity ratio of 0.05. The stock’s 50-day moving average price is $34.81 and its 200-day moving average price is $38.37. Advantest has a 12 month low of $23.48 and a 12 month high of $49.90. The company has a market capitalization of $30.04 billion, a PE ratio of 67.50 and a beta of 1.46.

Advantest (OTCMKTS:ATEYY) last issued its quarterly earnings results on Friday, April 26th. The company reported $0.14 EPS for the quarter. Advantest had a net margin of 12.76% and a return on equity of 15.48%. The firm had revenue of $914.77 million for the quarter, compared to analysts’ expectations of $838.83 million. Analysts anticipate that Advantest will post 0.75 earnings per share for the current fiscal year.

About Advantest

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics systems in Japan, the United States, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Service and other departments.