Sharp Corp. (OTCMKTS:SHCAY) Short Interest Update

Sharp Corp. (OTCMKTS:SHCAY) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 30,432 shares, an increase of 344.1% from the January 15th total of 6,853 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 30,688 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 30,688 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the shares of the company are sold short.

Sharp Stock Up 4.6%

SHCAY opened at $1.20 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.65 and a current ratio of 0.88. The company has a market capitalization of $3.13 billion, a PE ratio of 4.29 and a beta of 0.58. The stock’s fifty day moving average is $1.17 and its 200-day moving average is $1.28. Sharp has a one year low of $1.01 and a one year high of $1.66.

Sharp (OTCMKTS:SHCAY) last released its earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter. Sharp had a return on equity of 25.52% and a net margin of 5.57%.The firm had revenue of $3.03 billion for the quarter. Sharp has set its FY 2025 guidance at 0.132-0.132 EPS. On average, equities analysts predict that Sharp will post 0.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Sharp to a “hold” rating in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Sharp Company Profile

Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company’s core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.