ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Sees Significant Drop in Short Interest – MarketBeat

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS – Get Rating) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 20,200 shares, a drop of 43.7% from the May 15th total of 35,900 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 1.1 days.
Separately, StockNews.com raised shares of ChipMOS TECHNOLOGIES from a “hold” rating to a “buy” rating in a research note on Friday, April 22nd.
A number of large investors have recently modified their holdings of IMOS. Veriti Management LLC grew its holdings in ChipMOS TECHNOLOGIES by 1.3% in the fourth quarter. Veriti Management LLC now owns 25,532 shares of the semiconductor company’s stock worth $897,000 after purchasing an additional 332 shares during the last quarter. Renaissance Group LLC raised its position in shares of ChipMOS TECHNOLOGIES by 30.6% during the 4th quarter. Renaissance Group LLC now owns 30,461 shares of the semiconductor company’s stock worth $1,070,000 after purchasing an additional 7,129 shares during the last quarter. BlackRock Inc. raised its position in shares of ChipMOS TECHNOLOGIES by 36.7% during the 3rd quarter. BlackRock Inc. now owns 73,254 shares of the semiconductor company’s stock worth $2,508,000 after purchasing an additional 19,648 shares during the last quarter. Quadrant Capital Group LLC grew its stake in ChipMOS TECHNOLOGIES by 23.9% during the 4th quarter. Quadrant Capital Group LLC now owns 5,087 shares of the semiconductor company’s stock valued at $179,000 after acquiring an additional 980 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its stake in ChipMOS TECHNOLOGIES by 4.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 107,718 shares of the semiconductor company’s stock valued at $3,781,000 after acquiring an additional 4,217 shares in the last quarter. 7.35% of the stock is owned by institutional investors.
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%!

When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.
Shares of ChipMOS TECHNOLOGIES stock traded down $0.82 on Monday, hitting $32.85. 30 shares of the company traded hands, compared to its average volume of 21,364. The stock’s 50 day moving average price is $32.80 and its 200-day moving average price is $33.91. The company has a current ratio of 2.22, a quick ratio of 1.79 and a debt-to-equity ratio of 0.39. ChipMOS TECHNOLOGIES has a 52 week low of $30.10 and a 52 week high of $44.72. The company has a market cap of $1.19 billion, a PE ratio of 6.45 and a beta of 0.87.
ChipMOS TECHNOLOGIES (NASDAQ:IMOS – Get Rating) last posted its quarterly earnings results on Thursday, May 5th. The semiconductor company reported $1.18 earnings per share for the quarter. ChipMOS TECHNOLOGIES had a net margin of 19.26% and a return on equity of 22.66%. The firm had revenue of $235.00 million during the quarter.
The firm also recently disclosed an annual dividend, which will be paid on Wednesday, July 27th. Investors of record on Thursday, June 30th will be paid a $2.9194 dividend. This is an increase from ChipMOS TECHNOLOGIES’s previous annual dividend of $0.94. The ex-dividend date of this dividend is Wednesday, June 29th. This represents a yield of 10.4%. ChipMOS TECHNOLOGIES’s payout ratio is 23.56%.
ChipMOS TECHNOLOGIES Company Profile (Get Rating)
ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in Taiwan, People's Republic of China, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and other Display Panel Driver Semiconductors; Bumping; and Other segments.
Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider ChipMOS TECHNOLOGIES, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and ChipMOS TECHNOLOGIES wasn’t on the list.
While ChipMOS TECHNOLOGIES currently has a “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here

Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
In today’s episode, Kate welcomes guest Sean Bonner, co-founder of Guild Financial, a self-directed investing and financial education platform, with a special focus on the military community. Sean’s background as a portfolio manager and Navy officer informs his view of the economy and his approach to investing
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

source

Related Articles