Advantest Co. (OTCMKTS:ATEYY) Short Interest Update

Advantest Co. (OTCMKTS:ATEYY) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 3,000 shares, a drop of 68.8% from the March 31st total of 9,600 shares. Based on an average trading volume of 159,600 shares, the days-to-cover ratio is currently 0.0 days.

Advantest Stock Performance

Advantest stock traded down $2.53 during mid-day trading on Friday, reaching $32.15. 567,615 shares of the company were exchanged, compared to its average volume of 317,164. Advantest has a twelve month low of $19.23 and a twelve month high of $49.90. The firm’s 50-day simple moving average is $42.69 and its two-hundred day simple moving average is $37.72. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.08 and a current ratio of 2.22. The firm has a market cap of $23.73 billion, a PE ratio of 46.09 and a beta of 1.46.

Advantest (OTCMKTS:ATEYY) last issued its earnings results on Wednesday, January 31st. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $902.25 million during the quarter. Advantest had a return on equity of 20.16% and a net margin of 15.67%. Equities analysts predict that Advantest will post 0.79 earnings per share for the current fiscal year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics systems in Japan, the United States, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Service and other departments.