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

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

Sharp Price Performance

Sharp stock opened at $1.52 on Friday. The stock has a market capitalization of $3.95 billion, a P/E ratio of -4.47 and a beta of 0.80. The company’s fifty day moving average price is $1.51 and its 200 day moving average price is $1.49. The company has a debt-to-equity ratio of 3.15, a quick ratio of 0.84 and a current ratio of 1.21. Sharp has a 1 year low of $1.16 and a 1 year high of $1.91.

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.