Sharp Corp. (OTCMKTS:SHCAY – Get Free Report) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 7,583 shares, a decline of 55.4% from the May 31st total of 17,011 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 8,181 shares, the short-interest ratio is currently 0.9 days.
Sharp Trading Down 1.6%
Shares of SHCAY stock opened at $0.93 on Wednesday. The firm has a fifty day moving average price of $0.90 and a 200 day moving average price of $0.99. The company has a market cap of $2.43 billion, a P/E ratio of 7.17 and a beta of 0.63. Sharp has a 12 month low of $0.80 and a 12 month high of $1.52.
Sharp Company Profile
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.
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