Short Interest in Rohm Co. (OTCMKTS:ROHCY) Grows By 84.9%

Rohm Co. (OTCMKTS:ROHCY) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 10,106 shares, an increase of 84.9% from the January 15th total of 5,465 shares. Based on an average daily volume of 7,188 shares, the short-interest ratio is presently 1.4 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 7,188 shares, the short-interest ratio is presently 1.4 days.

Rohm Trading Up 2.7%

OTCMKTS ROHCY opened at $16.60 on Friday. The stock has a market cap of $6.70 billion, a P/E ratio of -26.35 and a beta of 1.14. Rohm has a fifty-two week low of $7.49 and a fifty-two week high of $18.03. The stock has a 50 day simple moving average of $15.33 and a two-hundred day simple moving average of $14.67. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.11 and a current ratio of 3.10.

Rohm (OTCMKTS:ROHCY) last announced its earnings results on Wednesday, February 4th. The technology company reported ($0.04) EPS for the quarter. Rohm had a negative net margin of 7.27% and a negative return on equity of 1.07%. The business had revenue of $813.36 million for the quarter.

About Rohm

Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.

Rohm’s semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.