ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Short Interest Down 8.8% in September

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 13,400 shares, a decline of 8.8% from the September 15th total of 14,700 shares. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is presently 0.7 days.

Analyst Ratings Changes

Separately, StockNews.com downgraded ChipMOS TECHNOLOGIES from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 8th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC lifted its stake in ChipMOS TECHNOLOGIES by 1.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 114,639 shares of the semiconductor company’s stock worth $3,605,000 after purchasing an additional 1,592 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of ChipMOS TECHNOLOGIES by 4.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock valued at $1,431,000 after acquiring an additional 2,319 shares during the last quarter. Caprock Group LLC acquired a new position in shares of ChipMOS TECHNOLOGIES during the second quarter worth $441,000. Ballentine Partners LLC increased its holdings in ChipMOS TECHNOLOGIES by 47.6% in the first quarter. Ballentine Partners LLC now owns 13,480 shares of the semiconductor company’s stock valued at $424,000 after purchasing an additional 4,348 shares during the period. Finally, Blue Trust Inc. lifted its holdings in ChipMOS TECHNOLOGIES by 49,831.3% during the 2nd quarter. Blue Trust Inc. now owns 7,989 shares of the semiconductor company’s stock worth $209,000 after buying an additional 7,973 shares during the period. Institutional investors and hedge funds own 7.39% of the company’s stock.

ChipMOS TECHNOLOGIES Price Performance

ChipMOS TECHNOLOGIES stock opened at $22.74 on Thursday. ChipMOS TECHNOLOGIES has a fifty-two week low of $21.47 and a fifty-two week high of $32.19. The firm has a market capitalization of $826.87 million, a PE ratio of 12.29 and a beta of 0.90. The company’s 50-day moving average is $22.99 and its 200-day moving average is $25.64.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last posted its quarterly earnings data on Tuesday, August 13th. The semiconductor company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.11). ChipMOS TECHNOLOGIES had a return on equity of 7.72% and a net margin of 8.67%. The firm had revenue of $179.00 million for the quarter, compared to the consensus estimate of $177.96 million. During the same quarter in the previous year, the business earned $0.56 EPS. The firm’s quarterly revenue was up 6.7% on a year-over-year basis.

About ChipMOS TECHNOLOGIES

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.