TDK Co. (OTCMKTS:TTDKY) Sees Significant Increase in Short Interest

TDK Co. (OTCMKTS:TTDKY) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 78,200 shares, an increase of 15,540.0% from the December 31st total of 500 shares. Based on an average trading volume of 141,100 shares, the short-interest ratio is presently 0.6 days.

TDK Stock Performance

OTCMKTS:TTDKY traded up $0.26 during mid-day trading on Tuesday, hitting $12.41. The stock had a trading volume of 132,634 shares, compared to its average volume of 142,235. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.20. The company has a 50 day simple moving average of $12.71 and a 200-day simple moving average of $35.97. The stock has a market capitalization of $24.12 billion, a price-to-earnings ratio of 20.28, a P/E/G ratio of 0.76 and a beta of 0.88. TDK has a 52 week low of $8.61 and a 52 week high of $14.37.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings data on Friday, November 1st. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.12. TDK had a return on equity of 10.08% and a net margin of 8.23%. The business had revenue of $3.84 billion during the quarter. On average, research analysts expect that TDK will post 0.64 earnings per share for the current fiscal year.

TDK Company Profile

TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments.