Disco Co. (OTCMKTS:DSCSY) Short Interest Update

Disco Co. (OTCMKTS:DSCSY) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 11,900 shares, an increase of 395.8% from the June 30th total of 2,400 shares. Based on an average trading volume of 74,600 shares, the short-interest ratio is presently 0.2 days.

Disco Stock Performance

Shares of OTCMKTS:DSCSY traded up $0.32 on Friday, hitting $30.47. The company’s stock had a trading volume of 49,382 shares, compared to its average volume of 95,726. The stock’s 50-day moving average is $38.17 and its two-hundred day moving average is $33.86. The company has a market capitalization of $33.02 billion, a price-to-earnings ratio of 46.72 and a beta of 1.14. Disco has a 12 month low of $16.66 and a 12 month high of $42.93.

Disco (OTCMKTS:DSCSY) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.22 earnings per share for the quarter. Disco had a return on equity of 26.02% and a net margin of 28.29%. The business had revenue of $702.35 million during the quarter, compared to analyst estimates of $606.37 million. Equities analysts expect that Disco will post 0.75 earnings per share for the current fiscal year.

About Disco

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.