ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Short Interest Up 10.9% in October – MarketBeat
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ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS – Get Rating) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 49,900 shares, a growth of 10.9% from the September 30th total of 45,000 shares. Based on an average daily volume of 43,300 shares, the days-to-cover ratio is currently 1.2 days.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE lifted its position in shares of ChipMOS TECHNOLOGIES by 32.4% during the first quarter. Bank of America Corp DE now owns 3,266 shares of the semiconductor company’s stock worth $117,000 after purchasing an additional 800 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 13.9% during the first quarter. Evergreen Capital Management LLC now owns 6,812 shares of the semiconductor company’s stock worth $242,000 after purchasing an additional 833 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 3.3% during the second quarter. Janney Montgomery Scott LLC now owns 29,785 shares of the semiconductor company’s stock worth $918,000 after purchasing an additional 962 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of ChipMOS TECHNOLOGIES by 0.6% during the second quarter. Crossmark Global Holdings Inc. now owns 165,527 shares of the semiconductor company’s stock worth $4,135,000 after purchasing an additional 1,061 shares in the last quarter. Finally, DGS Capital Management LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 14.2% during the second quarter. DGS Capital Management LLC now owns 12,828 shares of the semiconductor company’s stock worth $320,000 after purchasing an additional 1,599 shares in the last quarter. Hedge funds and other institutional investors own 7.15% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on IMOS shares. StockNews.com started coverage on shares of ChipMOS TECHNOLOGIES in a report on Wednesday, October 12th. They issued a “buy” rating for the company. TheStreet lowered shares of ChipMOS TECHNOLOGIES from a “b-” rating to a “c+” rating in a report on Thursday, October 6th.
ChipMOS TECHNOLOGIES Price Performance
Shares of IMOS stock opened at $19.98 on Friday. The firm has a market cap of $726.47 million, a PE ratio of 3.86 and a beta of 0.95. The company has a 50-day moving average of $20.53 and a two-hundred day moving average of $25.96. ChipMOS TECHNOLOGIES has a 1-year low of $17.50 and a 1-year high of $37.76.
ChipMOS TECHNOLOGIES (NASDAQ:IMOS – Get Rating) last announced its earnings results on Thursday, August 4th. The semiconductor company reported $1.22 earnings per share for the quarter. The company had revenue of $232.84 million during the quarter. ChipMOS TECHNOLOGIES had a net margin of 19.49% and a return on equity of 22.36%.
About ChipMOS TECHNOLOGIES
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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.
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