Advantest Co. (OTCMKTS:ATEYY) Short Interest Update

Advantest Co. (OTCMKTS:ATEYY) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,300 shares, a decrease of 84.3% from the August 15th total of 8,300 shares. Based on an average trading volume of 42,500 shares, the days-to-cover ratio is presently 0.0 days.

Advantest Stock Performance

Advantest stock traded down $1.35 during mid-day trading on Thursday, reaching $111.15. 18,102 shares of the stock traded hands, compared to its average volume of 32,141. The stock has a market capitalization of $20.76 billion, a PE ratio of 21.62 and a beta of 1.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.14 and a quick ratio of 1.18. Advantest has a 12-month low of $45.24 and a 12-month high of $159.73. The business’s 50-day moving average is $132.90 and its 200-day moving average is $112.39.

Advantest shares are set to split on the morning of Thursday, September 28th. The 4-1 split was announced on Thursday, September 28th. The newly issued shares will be payable to shareholders after the closing bell on Thursday, September 28th.

About Advantest

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.