MoSys Inc. (MOSY) Short Interest Update
MoSys Inc. (NASDAQ:MOSY) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 345,271 shares, a drop of 43.9% from the November 15th total of 615,857 shares. Based on an average trading volume of 1,123,025 shares, the days-to-cover ratio is presently 0.3 days. Approximately 4.4% of the shares of the company are short sold.
Shares of MoSys (MOSY) opened at $1.16 on Friday. MoSys has a 12 month low of $0.55 and a 12 month high of $4.32.
MoSys (NASDAQ:MOSY) last announced its quarterly earnings results on Monday, November 13th. The semiconductor producer reported ($0.18) EPS for the quarter, beating analysts’ consensus estimates of ($0.48) by $0.30. The firm had revenue of $2.45 million during the quarter. MoSys had a negative net margin of 383.73% and a negative return on equity of 131.45%.
Separately, Benchmark upgraded shares of MoSys from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th.
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MoSys Company Profile
MoSys, Inc (MoSys), together with its subsidiaries, is a fabless semiconductor company focused on the development and sale of integrated circuits (ICs) for the high-speed networking, communications, storage and computing markets. The Company has developed approximately two IC product lines under the Bandwidth Engine and LineSpeed product names.
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