Will SHARP CORP OSAKA ORDINARY SHARES (OTCMKTS:SHCAF) Run Out of Steam Soon? Short Interest is Up

Sharp Corporation (OTCMKTS:SHCAF) Logo

The stock of SHARP CORP OSAKA ORDINARY SHARES (OTCMKTS:SHCAF) registered an increase of 1.7% in short interest. SHCAF’s total short interest was 3.90M shares in December as published by FINRA. Its up 1.7% from 3.84M shares, reported previously. With 200 shares average volume, it will take short sellers 19514 days to cover their SHCAF’s short positions.

It closed at $15.17 lastly. It is down 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Sharp Corporation manufactures and sells electronic communication equipment, electronic equipment, electronic application equipment, and electronic components in Japan, The Americas, Europe, China, and internationally. The company has market cap of $9.54 billion. The firm operates through five divisions: Consumer Electronics, Energy Solutions, Business Solutions, Electronic Components and Devices, and Display Devices. It has a 13.35 P/E ratio. The Consumer Electronics segment offers LCD color televisions, Blu-ray disc recorders, mobile phones, tablet devices, electronic dictionaries, calculators, facsimiles, telephones, refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, Plasmacluster ion generators, beauty appliances, and network controlled units.

More important recent Sharp Corporation (OTCMKTS:SHCAF) news were published by: Seekingalpha.com which released: “Softbank Group: King Of Charisma (And Debt) – Seeking Alpha” on May 30, 2017, also Seekingalpha.com published article titled: “Despite Recent Windfall From Commodity Slump, TEPCO Remains Total Junk – Seeking Alpha”, Seekingalpha.com published: “Can Foxconn Unlock Sharp’s True Potential? – Seeking Alpha” on June 02, 2016. More interesting news about Sharp Corporation (OTCMKTS:SHCAF) was released by: Seekingalpha.com and their article: “Sharp Corp. ADR 2017 Q4 – Results – Earnings Call Slides – Seeking Alpha” with publication date: April 27, 2018.

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