Sharp Co. (OTCMKTS:SHCAY) Sees Significant Decline in Short Interest

Sharp Co. (OTCMKTS:SHCAY) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 2,800 shares, a decline of 58.2% from the October 31st total of 6,700 shares. Based on an average trading volume of 15,700 shares, the days-to-cover ratio is currently 0.2 days.

Sharp Stock Down 8.9 %

OTCMKTS SHCAY traded down $0.14 on Thursday, reaching $1.44. The company had a trading volume of 174 shares, compared to its average volume of 9,302. The stock’s 50 day moving average is $1.53 and its 200-day moving average is $1.47. The company has a current ratio of 1.17, a quick ratio of 0.84 and a debt-to-equity ratio of 2.52. Sharp has a 52 week low of $1.16 and a 52 week high of $1.91.

Sharp Company Profile

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.