Advantest Co. (OTCMKTS:ATEYY) Short Interest Update

Advantest Co. (OTCMKTS:ATEYY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 6,700 shares, a decline of 56.2% from the February 13th total of 15,300 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 303,000 shares, the short-interest ratio is presently 0.0 days.

Advantest Stock Up 7.4 %

Shares of OTCMKTS:ATEYY opened at $56.85 on Friday. Advantest has a 1 year low of $31.52 and a 1 year high of $65.40. The company has a market cap of $41.96 billion, a PE ratio of 46.60 and a beta of 1.34. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.94 and a quick ratio of 1.78. The stock’s 50-day moving average is $58.30 and its 200 day moving average is $54.87.

Advantest (OTCMKTS:ATEYY) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.46 earnings per share (EPS) for the quarter. Advantest had a return on equity of 29.15% and a net margin of 19.95%. Sell-side analysts anticipate that Advantest will post 1.61 EPS for the current year.

About Advantest

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.