Short Interest in Tokyo Electron Limited (OTCMKTS:TOELY) Rises By 173.3%

Tokyo Electron Limited (OTCMKTS:TOELY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 16,400 shares, a growth of 173.3% from the March 31st total of 6,000 shares. Based on an average trading volume of 682,000 shares, the short-interest ratio is currently 0.0 days.

Tokyo Electron Price Performance

TOELY stock traded up $1.74 during midday trading on Friday, hitting $111.40. 167,320 shares of the company’s stock were exchanged, compared to its average volume of 396,188. Tokyo Electron has a 1-year low of $56.09 and a 1-year high of $134.91. The business has a 50-day simple moving average of $123.42 and a two-hundred day simple moving average of $97.57.

Tokyo Electron (OTCMKTS:TOELY) last released its quarterly earnings results on Friday, February 9th. The company reported $0.74 earnings per share (EPS) for the quarter. The company had revenue of $3.14 billion during the quarter. As a group, research analysts anticipate that Tokyo Electron will post 2.27 earnings per share for the current 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.