Sharp Co. (OTCMKTS:SHCAY) Short Interest Up 55.6% in June

Sharp Co. (OTCMKTS:SHCAY) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,400 shares, an increase of 55.6% from the May 31st total of 900 shares. Based on an average trading volume of 8,700 shares, the days-to-cover ratio is currently 0.2 days.

Sharp Stock Performance

SHCAY traded down $0.07 during trading hours on Friday, hitting $1.40. The stock had a trading volume of 1,304 shares, compared to its average volume of 8,575. The company’s fifty day simple moving average is $1.39 and its 200 day simple moving average is $1.45. Sharp has a 1 year low of $1.16 and a 1 year high of $1.91. The stock has a market cap of $3.64 billion, a PE ratio of -3.68 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 1.66.

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.