Advantest Co. (OTCMKTS:ATEYY) Sees Significant Increase in Short Interest

Advantest Co. (OTCMKTS:ATEYY) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 15,300 shares, a growth of 22.4% from the January 31st total of 12,500 shares. Based on an average daily volume of 164,700 shares, the short-interest ratio is currently 0.1 days.

Advantest Trading Up 3.0 %

Shares of ATEYY opened at $53.15 on Thursday. The company has a market capitalization of $39.22 billion, a P/E ratio of 43.56 and a beta of 1.34. Advantest has a one year low of $31.52 and a one year high of $65.40. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.78 and a current ratio of 2.94. The stock has a 50-day moving average price of $59.08 and a 200 day moving average price of $54.66.

Advantest (OTCMKTS:ATEYY) last released its earnings results on Wednesday, January 29th. The company reported $0.46 EPS for the quarter. Advantest had a return on equity of 29.15% and a net margin of 19.95%. Sell-side analysts forecast that Advantest will post 1.61 EPS for the current fiscal year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.