Sharp Corp. (OTCMKTS:SHCAY) Short Interest Update

Sharp Corp. (OTCMKTS:SHCAY) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 17,011 shares, a decline of 33.2% from the May 14th total of 25,468 shares. Based on an average daily trading volume, of 7,945 shares, the short-interest ratio is presently 2.1 days. Approximately 0.0% of the company’s stock are sold short.

Sharp Trading Down 3.8%

Shares of SHCAY stock opened at $0.91 on Tuesday. Sharp has a 1 year low of $0.80 and a 1 year high of $1.52. The firm’s fifty day moving average price is $0.90 and its two-hundred day moving average price is $1.02. The firm has a market capitalization of $2.36 billion, a P/E ratio of 6.98 and a beta of 0.63.

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.