Sharp Co. (OTCMKTS:SHCAY) Short Interest Up 327.3% in February

Sharp Co. (OTCMKTS:SHCAY) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 14,100 shares, an increase of 327.3% from the February 13th total of 3,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 7,300 shares, the short-interest ratio is currently 1.9 days.

Sharp Stock Performance

OTCMKTS SHCAY opened at $1.54 on Friday. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.21 and a quick ratio of 0.88. The company has a market capitalization of $3.99 billion, a P/E ratio of -3.84 and a beta of 0.71. The business has a 50 day moving average price of $1.50 and a 200 day moving average price of $1.52. Sharp has a 1-year low of $1.16 and a 1-year high of $1.74.

Sharp (OTCMKTS:SHCAY) last issued its quarterly earnings data on Friday, February 7th. The company reported ($0.01) earnings per share (EPS) for the quarter. Sharp had a negative net margin of 7.12% and a negative return on equity of 17.10%. Sell-side analysts expect that Sharp will post 0.01 EPS for the current fiscal year.

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.