Short Interest in ROHM Co., Ltd. (OTCMKTS:ROHCY) Expands By 62.7%

ROHM Co., Ltd. (OTCMKTS:ROHCY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 74,700 shares, an increase of 62.7% from the September 30th total of 45,900 shares. Based on an average daily volume of 102,500 shares, the short-interest ratio is presently 0.7 days.

ROHM Price Performance

OTCMKTS ROHCY opened at $11.05 on Friday. ROHM has a fifty-two week low of $10.42 and a fifty-two week high of $20.33. The stock’s 50-day moving average is $11.54 and its two-hundred day moving average is $12.76. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.39 and a current ratio of 2.16.

ROHM (OTCMKTS:ROHCY) last issued its quarterly earnings data on Monday, August 5th. The technology company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The company had revenue of $758.71 million during the quarter, compared to analyst estimates of $746.50 million. Equities research analysts anticipate that ROHM will post 0.16 EPS for the current year.

About ROHM

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.