Short Interest in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Grows By 71.8% – 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 recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 34,700 shares, a growth of 71.8% from the May 31st total of 20,200 shares. Based on an average trading volume of 20,100 shares, the days-to-cover ratio is currently 1.7 days.
A number of institutional investors have recently made changes to their positions in IMOS. Two Sigma Investments LP bought a new position in ChipMOS TECHNOLOGIES in the 3rd quarter valued at $1,182,000. Envestnet Asset Management Inc. grew its position in ChipMOS TECHNOLOGIES by 256.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 43,447 shares of the semiconductor company’s stock valued at $1,525,000 after acquiring an additional 31,259 shares during the last quarter. Two Sigma Advisers LP bought a new position in ChipMOS TECHNOLOGIES in the 3rd quarter valued at $646,000. Aaron Wealth Advisors LLC bought a new position in ChipMOS TECHNOLOGIES in the 1st quarter valued at $431,000. Finally, BlackRock Inc. grew its position in ChipMOS TECHNOLOGIES by 17.7% in the 1st quarter. BlackRock Inc. now owns 98,198 shares of the semiconductor company’s stock valued at $3,489,000 after acquiring an additional 14,773 shares during the last quarter. 7.35% of the stock is currently owned by institutional investors.
Trading champion Chuck Hughes has exposed the strategies of successful traders and handing them over to new traders like you!

His guide “Options Trading Made Easy” now comes with a Trade of the Day from Chuck himself to help you develop a profitable, pro-level trading account!
NASDAQ IMOS traded down $1.06 during trading hours on Friday, reaching $23.92. The company’s stock had a trading volume of 100 shares, compared to its average volume of 24,410. The firm’s 50-day moving average price is $32.18 and its 200-day moving average price is $33.72. The company has a quick ratio of 1.79, a current ratio of 2.22 and a debt-to-equity ratio of 0.39. ChipMOS TECHNOLOGIES has a 1 year low of $26.01 and a 1 year high of $44.72. The company has a market capitalization of $869.78 million, a price-to-earnings ratio of 4.79 and a beta of 0.87.
ChipMOS TECHNOLOGIES (NASDAQ:IMOS – Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The semiconductor company reported $1.18 earnings per share (EPS) for the quarter. The business had revenue of $235.00 million for the quarter. ChipMOS TECHNOLOGIES had a return on equity of 22.66% and a net margin of 19.26%.
The business also recently announced an annual dividend, which will be paid on Wednesday, July 27th. Stockholders of record on Thursday, June 30th will be given a dividend of $2.9194 per share. The ex-dividend date is Wednesday, June 29th. This represents a dividend yield of 10.4%. This is an increase from ChipMOS TECHNOLOGIES’s previous annual dividend of $0.94. ChipMOS TECHNOLOGIES’s payout ratio is currently 23.56%.
Separately, StockNews.com upgraded ChipMOS TECHNOLOGIES from a “hold” rating to a “buy” rating in a report on Friday, April 22nd.
About ChipMOS TECHNOLOGIES (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.
Read More

• Get a free copy of the StockNews.com research report on ChipMOS TECHNOLOGIES (IMOS)
• Accolade Moves Higher But Growth Is Slowing 
• ZIM Integrated Shipping Services (ZIM): Don’t Miss This Dividend
• RH Gives Good Reason To Get Defensive 
• Why Rio Tinto Group (RIO) Is An Undervalued Opportunity
• Guidewire Software Stock is Set to Rebound

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 contact@marketbeat.com.
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:
Today Kate sits down with repeat guest Andrew Chanin, Co-Founder and CEO of ETF manager ProcureAM. Andrew shares the story behind the launch of the Procure Disaster Recovery Strategy ETF (FEMA).
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 contact@marketbeat.com | (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