Tokyo Electron Limited (OTCMKTS:TOELY) Sees Significant Decline in Short Interest

Tokyo Electron Limited (OTCMKTS:TOELY) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 40,500 shares, a decline of 24.2% from the February 13th total of 53,400 shares. Based on an average daily volume of 180,500 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Tokyo Electron Price Performance

Shares of Tokyo Electron stock opened at $74.07 on Wednesday. Tokyo Electron has a 1 year low of $68.83 and a 1 year high of $133.57. The company has a market capitalization of $68.24 billion, a P/E ratio of 27.64 and a beta of 1.58. The business has a 50 day moving average price of $81.04 and a 200 day moving average price of $79.85.

Tokyo Electron (OTCMKTS:TOELY) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.12 earnings per share for the quarter. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. As a group, research analysts expect that Tokyo Electron will post 3.23 EPS for the current fiscal year.

About Tokyo Electron

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.