Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Rating) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 2,040,000 shares, a decrease of 10.5% from the November 15th total of 2,280,000 shares. Approximately 9.3% of the company's shares are short sold. Based on an average daily trading volume, of 263,700 shares, the days-to-cover ratio is presently 7.7 days.

Analyst Ratings Changes

AOSL has been the topic of a number of analyst reports. B. Riley cut their price target on Alpha and Omega Semiconductor from $45.00 to $38.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 4th. StockNews.com began coverage on Alpha and Omega Semiconductor in a research note on Wednesday, October 12th. They issued a "hold" rating on the stock.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 2,487 shares of the company's stock in a transaction on Friday, October 14th. The stock was sold at an average price of $30.30, for a total transaction of $75,356.10. Following the transaction, the executive vice president now owns 55,252 shares of the company's stock, valued at approximately $1,674,135.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 18.90% of the company's stock.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Price Performance

AOSL opened at $30.30 on Monday. The company has a fifty day simple moving average of $33.02 and a 200 day simple moving average of $35.33. The stock has a market cap of $830.46 million, a P/E ratio of 1.89 and a beta of 2.41. The company has a quick ratio of 1.57, a current ratio of 2.24 and a debt-to-equity ratio of 0.06. Alpha and Omega Semiconductor has a 12 month low of $27.38 and a 12 month high of $69.99.

Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Rating) last released its earnings results on Thursday, November 3rd. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by ($0.12). The firm had revenue of $208.48 million for the quarter, compared to the consensus estimate of $210.00 million. Alpha and Omega Semiconductor had a return on equity of 11.60% and a net margin of 57.04%. On average, research analysts expect that Alpha and Omega Semiconductor will post 2.07 EPS for the current year.

Alpha and Omega Semiconductor Company Profile

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Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, e-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.

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