ROHM Co., Ltd. (OTCMKTS:ROHCY) Sees Large Increase in Short Interest

ROHM Co., Ltd. (OTCMKTS:ROHCY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 6,000 shares, an increase of 300.0% from the February 29th total of 1,500 shares. Based on an average trading volume of 20,900 shares, the days-to-cover ratio is currently 0.3 days.

ROHM Stock Performance

ROHCY traded down $0.05 during midday trading on Thursday, hitting $15.91. 9,113 shares of the company were exchanged, compared to its average volume of 9,489. ROHM has a 1-year low of $15.04 and a 1-year high of $25.04. The firm’s 50 day moving average price is $17.30 and its 200-day moving average price is $18.45. The company has a quick ratio of 1.02, a current ratio of 1.54 and a debt-to-equity ratio of 0.04.

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.