Short Interest in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Increases By 32.8%

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 17,400 shares, an increase of 32.8% from the October 31st total of 13,100 shares. Based on an average daily volume of 19,600 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On ChipMOS TECHNOLOGIES

A number of institutional investors have recently modified their holdings of IMOS. Blue Trust Inc. boosted its position in ChipMOS TECHNOLOGIES by 49,831.3% during the second quarter. Blue Trust Inc. now owns 7,989 shares of the semiconductor company’s stock worth $209,000 after purchasing an additional 7,973 shares in the last quarter. Caprock Group LLC acquired a new position in shares of ChipMOS TECHNOLOGIES during the 2nd quarter worth approximately $441,000. Vanguard Personalized Indexing Management LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 4.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock valued at $1,431,000 after buying an additional 2,319 shares in the last quarter. Finally, Ballentine Partners LLC grew its stake in ChipMOS TECHNOLOGIES by 20.2% in the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock valued at $364,000 after acquiring an additional 2,611 shares during the period. 7.39% of the stock is currently owned by institutional investors and hedge funds.

ChipMOS TECHNOLOGIES Trading Up 0.7 %

Shares of NASDAQ:IMOS opened at $19.62 on Monday. The company has a current ratio of 3.07, a quick ratio of 2.72 and a debt-to-equity ratio of 0.49. ChipMOS TECHNOLOGIES has a 12-month low of $19.19 and a 12-month high of $32.19. The business has a 50 day moving average of $21.70 and a two-hundred day moving average of $23.89. The company has a market capitalization of $713.38 million, a PE ratio of 13.72 and a beta of 0.91.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last announced its quarterly earnings results on Tuesday, November 5th. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter. ChipMOS TECHNOLOGIES had a net margin of 7.25% and a return on equity of 6.66%. The firm had revenue of $191.70 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered ChipMOS TECHNOLOGIES from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th.

ChipMOS TECHNOLOGIES Company Profile

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.