Sharp Co. (OTCMKTS:SHCAY) Short Interest Down 25.6% in December

Sharp Co. (OTCMKTS:SHCAY) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 2,900 shares, a decrease of 25.6% from the November 30th total of 3,900 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.7 days.

Sharp Stock Down 1.3 %

OTCMKTS:SHCAY traded down $0.02 during mid-day trading on Monday, reaching $1.50. The stock had a trading volume of 464 shares, compared to its average volume of 9,090. The stock’s 50 day simple moving average is $1.51 and its two-hundred day simple moving average is $1.49. Sharp has a 1-year low of $1.16 and a 1-year high of $1.91. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of -4.41 and a beta of 0.80. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.21 and a quick ratio of 0.84.

About Sharp

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.