Short Interest in Lasertec Co. (OTCMKTS:LSRCY) Decreases By 85.4%

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 74,625 shares, a decline of 85.4% from the August 15th total of 509,944 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 277,842 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Lasertec has a consensus rating of “Hold”.

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Lasertec Stock Up 0.4%

Shares of OTCMKTS:LSRCY traded up $0.16 during midday trading on Friday, reaching $45.70. The company’s stock had a trading volume of 79,159 shares, compared to its average volume of 124,008. The firm has a 50 day moving average price of $48.83 and a two-hundred day moving average price of $50.33. Lasertec has a fifty-two week low of $21.68 and a fifty-two week high of $72.89.

Lasertec Company Profile

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Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in advanced manufacturing. The company is best known for systems that inspect semiconductor photomasks and mask blanks, which are critical components in the lithography process used to produce integrated circuits.

Lasertec’s product portfolio includes inspection systems for extreme ultraviolet (EUV) and other semiconductor lithography applications, as well as equipment for detecting defects and measuring surface characteristics.

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