Sumco Co. (OTCMKTS:SUMCF) Short Interest Up 21.4% in October

Sumco Co. (OTCMKTS:SUMCF) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 10,522,300 shares, an increase of 21.4% from the September 30th total of 8,665,400 shares. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is currently 2,238.8 days.

Sumco Stock Down 2.1 %

Shares of OTCMKTS:SUMCF opened at $9.41 on Wednesday. Sumco has a 12-month low of $9.26 and a 12-month high of $17.62. The business’s 50 day moving average is $10.63 and its 200 day moving average is $13.55.

Sumco Company Profile

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.