Short Interest in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS … – 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 large drop in short interest in the month of December. As of December 15th, there was short interest totalling 23,600 shares, a drop of 45.7% from the November 30th total of 43,500 shares. Based on an average daily volume of 35,200 shares, the short-interest ratio is currently 0.7 days.
ChipMOS TECHNOLOGIES Stock Performance
NASDAQ:IMOS opened at $21.30 on Friday. The stock has a market capitalization of $774.47 million, a P/E ratio of 4.85 and a beta of 0.98. The company has a 50 day moving average price of $21.06 and a 200 day moving average price of $22.53. ChipMOS TECHNOLOGIES has a fifty-two week low of $17.50 and a fifty-two week high of $37.76.
ChipMOS TECHNOLOGIES (NASDAQ:IMOS – Get Rating) last posted its quarterly earnings data on Thursday, November 3rd. The semiconductor company reported $0.58 earnings per share for the quarter. ChipMOS TECHNOLOGIES had a net margin of 18.17% and a return on equity of 18.49%. The firm had revenue of $172.99 million during the quarter.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of ChipMOS TECHNOLOGIES from a “hold” rating to a “buy” rating in a research report on Saturday, November 12th. TheStreet cut shares of ChipMOS TECHNOLOGIES from a “b-” rating to a “c+” rating in a research report on Thursday, October 6th.
Hedge Funds Weigh In On ChipMOS TECHNOLOGIES
Several hedge funds and other institutional investors have recently added to or reduced their stakes in IMOS. BlackRock Inc. boosted 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 buying an additional 14,773 shares during the period. LSV Asset Management boosted its position in ChipMOS TECHNOLOGIES by 65.9% in the 1st quarter. LSV Asset Management now owns 6,800 shares of the semiconductor company’s stock valued at $242,000 after buying an additional 2,700 shares during the period. Renaissance Group LLC boosted its position in ChipMOS TECHNOLOGIES by 7.3% in the 1st quarter. Renaissance Group LLC now owns 32,696 shares of the semiconductor company’s stock valued at $1,162,000 after buying an additional 2,235 shares during the period. Vident Investment Advisory LLC purchased a new position in ChipMOS TECHNOLOGIES in the 1st quarter valued at approximately $241,000. Finally, Evergreen Capital Management LLC boosted its position in ChipMOS TECHNOLOGIES by 13.9% in the 1st quarter. Evergreen Capital Management LLC now owns 6,812 shares of the semiconductor company’s stock valued at $242,000 after buying an additional 833 shares during the period. Hedge funds and other institutional investors own 7.20% of the company’s stock.
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.
Featured Articles
- Get a free copy of the StockNews.com research report on ChipMOS TECHNOLOGIES (IMOS)
- Is Kintara Therapeutics A Hidden Gem?
- Should You Warm up to Generac Stock for the Winter?
- 3 High-Yield Dividend Stocks to Hold for the Long Haul
- Cal-Maine Posts Record Quarter, Remain CALM Income Investors
- Tesla Stock: What the Bulls and the Bears Are Getting Wrong
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 “hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising.
Enter your email address below and we’ll send you MarketBeat’s guide to pot stock investing and which pot companies show the most promise.
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.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
© 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 Barchart’s disclaimer.