Short Interest in TDK Co. (OTCMKTS:TTDKY) Increases By 231.0%

TDK Co. (OTCMKTS:TTDKY) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 13,900 shares, an increase of 231.0% from the February 28th total of 4,200 shares. Based on an average daily volume of 346,700 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

TDK Stock Down 2.1 %

Shares of OTCMKTS:TTDKY opened at $10.78 on Thursday. The company has a market cap of $20.96 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 0.79 and a beta of 0.84. TDK has a fifty-two week low of $8.61 and a fifty-two week high of $14.37. The firm’s 50-day simple moving average is $11.25 and its 200-day simple moving average is $20.15. The company has a quick ratio of 1.28, a current ratio of 1.63 and a debt-to-equity ratio of 0.18.

TDK (OTCMKTS:TTDKY) last issued its earnings results on Friday, January 31st. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.08%. As a group, equities research analysts predict that TDK will post 0.61 earnings per share for the current year.

About TDK

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.