Sharp Corp. (OTCMKTS:SHCAY) Short Interest Up 197.5% in May

Sharp Corp. (OTCMKTS:SHCAYGet Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 25,468 shares, a growth of 197.5% from the April 30th total of 8,561 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 12,221 shares, the short-interest ratio is currently 2.1 days.

Sharp Stock Performance

Shares of SHCAY stock opened at $0.91 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. Sharp has a 52 week low of $0.80 and a 52 week high of $1.52. The stock has a market capitalization of $2.36 billion, a PE ratio of 6.97 and a beta of 0.60. The firm has a 50 day moving average of $0.89 and a two-hundred day moving average of $1.05.

Sharp Company Profile

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Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company’s core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.

Further Reading

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