Short Interest in Rohm Co. (OTCMKTS:ROHCY) Decreases By 38.7%

Rohm Co. (OTCMKTS:ROHCY) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 6,192 shares, a decrease of 38.7% from the January 29th total of 10,106 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,766 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily trading volume, of 3,766 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.0% of the shares of the company are sold short.

Rohm Trading Up 1.8%

Shares of ROHCY stock opened at $18.27 on Monday. The stock has a market capitalization of $7.38 billion, a price-to-earnings ratio of -29.00 and a beta of 1.13. The company’s fifty day simple moving average is $16.00 and its two-hundred day simple moving average is $14.97. Rohm has a 1 year low of $7.49 and a 1 year high of $18.33. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.34 and a quick ratio of 2.30.

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