Sumco Co. (OTCMKTS:SUMCF) Sees Significant Growth in Short Interest

Sumco Co. (OTCMKTS:SUMCF) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 7,305,200 shares, a growth of 68.7% from the August 31st total of 4,329,200 shares. Based on an average trading volume of 47,000 shares, the days-to-cover ratio is presently 155.4 days.

Sumco Stock Performance

OTCMKTS SUMCF opened at $11.08 on Friday. Sumco has a one year low of $9.90 and a one year high of $17.62. The firm’s fifty day moving average is $12.14 and its two-hundred day moving average is $14.46.

About Sumco

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.