Sumco Co. (OTCMKTS:SUOPY) Short Interest Down 40.0% in October

Sumco Co. (OTCMKTS:SUOPY) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 600 shares, a decrease of 40.0% from the October 15th total of 1,000 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is currently 0.1 days.

Sumco Stock Up 2.2 %

Shares of Sumco stock traded up $0.37 during trading hours on Friday, hitting $16.93. 1,902 shares of the company’s stock traded hands, compared to its average volume of 5,746. The company has a quick ratio of 1.31, a current ratio of 2.44 and a debt-to-equity ratio of 0.44. Sumco has a twelve month low of $15.76 and a twelve month high of $34.84. The stock has a 50 day simple moving average of $20.43 and a 200-day simple moving average of $26.00. The company has a market cap of $2.96 billion, a PE ratio of 20.71 and a beta of 1.09.

About Sumco

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.