ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Short Interest Update

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 43,500 shares, a drop of 37.7% from the February 29th total of 69,800 shares. Based on an average daily volume of 24,900 shares, the short-interest ratio is presently 1.7 days.

Hedge Funds Weigh In On ChipMOS TECHNOLOGIES

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its holdings in shares of 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 purchasing an additional 14,773 shares during the last quarter. LSV Asset Management boosted its holdings in ChipMOS TECHNOLOGIES by 65.9% in the first quarter. LSV Asset Management now owns 6,800 shares of the semiconductor company’s stock valued at $242,000 after acquiring an additional 2,700 shares during the last quarter. Renaissance Group LLC boosted its holdings in ChipMOS TECHNOLOGIES by 7.3% in the first quarter. Renaissance Group LLC now owns 32,696 shares of the semiconductor company’s stock valued at $1,162,000 after acquiring an additional 2,235 shares during the last quarter. Vident Investment Advisory LLC purchased a new stake in ChipMOS TECHNOLOGIES during the first quarter valued at about $241,000. Finally, Evergreen Capital Management LLC increased its stake in 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 acquiring an additional 833 shares during the last quarter. Institutional investors and hedge funds own 7.39% of the company’s stock.

ChipMOS TECHNOLOGIES Trading Up 0.7 %

Shares of ChipMOS TECHNOLOGIES stock opened at $31.45 on Friday. The firm has a market cap of $1.14 billion, a PE ratio of 19.06 and a beta of 0.91. The company has a quick ratio of 2.77, a current ratio of 3.20 and a debt-to-equity ratio of 0.53. ChipMOS TECHNOLOGIES has a fifty-two week low of $21.58 and a fifty-two week high of $32.19. The business’s fifty day moving average is $28.82 and its two-hundred day moving average is $26.47.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last issued its quarterly earnings results on Thursday, February 22nd. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $187.00 million for the quarter, compared to analyst estimates of $175.31 million. ChipMOS TECHNOLOGIES had a return on equity of 7.66% and a net margin of 8.85%. The firm’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period last year, the company earned $0.22 EPS.

ChipMOS TECHNOLOGIES Company Profile

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in the 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 Others segments.