Shares are trading at $2.00 much higher than the 50 day moving average which is $1.76 and marginally over the 200 day moving average of $1.89. The 50 day moving average went up $0.24 or +13.8920% whereas the 200 day average was up by +6.2037%. O2Micro International Limited – shares had a trading volume of 79K by the end of trading on Tuesday. Shares saw a steep increase in trading volume of 54.80% over the normal average daily volume.
Investors are feeling more bearish on shares of O2Micro International Limited – recently if you pay attention to the increase in short interest. The company had a rise in short interest from September 29, 2017 to October 13, 2017 of 93.52%. Short interest increased 14,223 over that period. Days to cover decreased from 1.0 to 1.0 and the short interest percentage is 0.00% as of October 13.
The following firms have recently changed their position in OIIM. As of the end of the quarter White Pine Capital LLC had bought a total of 108,725 shares growing its position 30.4%. The value in dollars increased from $818,000 to $913,000 increasing 11.6% quarter to quarter. Renaissance Technologies LLC downsized its stake by shedding 25,800 shares a decrease of 1.3% from 03/31/2017 to 06/30/2017. Renaissance Technologies LLC owns 2,035,200 shares with a value of $3,989,000. The value of the position overall is down by 15.5%.
As of quarter end Balter Liquid Alternatives, LLC had acquired 3,800 shares growing its holdings by 13.3%. The value of the company’s investment in O2Micro International Limited – went from $56,000 to $57,000 a change of 1.8% quarter over quarter. Eidelman Virant Capital bolstered its ownership by buying 5,872 shares an increase of 1.1%. Eidelman Virant Capital claims 525,716 shares valued at $930,000. The total value of its holdings decreased 8.6%.
In the last earnings report the EPS was $-0.06 and is estimated to be $-0.21 for the current year with 25,840,000 shares currently outstanding. Next quarter’s EPS is expected be $-0.05 and the next full year EPS is anticipated to be $-0.15.
O2Micro International Limited, incorporated in March 1, 1997, designs, develops and markets power management components for the Computer, Consumer, Industrial, Automotive and Communications markets. The Business’s power management products include integrated circuits (ICs) for liquid crystal display (LCD) and light emitting diode (LED) lighting; control and monitoring of battery charging and discharging; direct current (DC)/DC and alternating current (AC)/DC conversion, and to provide select and switch functionality between power sources. The Business’s consumer electronics market includes LCD and LED televisions, desktop and notebook monitors, portable media players, digital cameras, global positioning system (GPS)/portable navigation device (PND) solutions for directional assistance, personal digital assistants (PDAs), games and general lighting products, including LED light bulbs. Computer market includes desktop computers, LCD and LED monitors, tablet computers, netbooks and mobile communication applications..