Short Interest in Kyocera Co. (OTCMKTS:KYOCY) Increases By 426.3%

Kyocera Co. (OTCMKTS:KYOCY) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 50,000 shares, a growth of 426.3% from the December 15th total of 9,500 shares. Based on an average daily trading volume, of 293,100 shares, the days-to-cover ratio is presently 0.2 days.

Kyocera Price Performance

Shares of OTCMKTS KYOCY traded up $0.33 during mid-day trading on Wednesday, hitting $10.18. 300,517 shares of the stock were exchanged, compared to its average volume of 142,697. The company has a market cap of $14.33 billion, a P/E ratio of 18.16, a PEG ratio of 2.05 and a beta of 0.28. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.91 and a current ratio of 3.13. Kyocera has a twelve month low of $9.21 and a twelve month high of $15.63. The stock’s fifty day simple moving average is $9.89 and its two-hundred day simple moving average is $11.04.

About Kyocera

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants.