Short Interest in TDK Co. (OTCMKTS:TTDKY) Grows By 652.5%

TDK Co. (OTCMKTS:TTDKY) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 104,600 shares, an increase of 652.5% from the March 15th total of 13,900 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 342,700 shares, the days-to-cover ratio is currently 0.3 days.

TDK Trading Up 1.5 %

TTDKY traded up $0.14 during trading on Monday, hitting $9.29. 448,264 shares of the stock traded hands, compared to its average volume of 258,130. The firm has a 50-day moving average of $10.54 and a 200 day moving average of $14.84. TDK has a 12-month low of $8.10 and a 12-month high of $14.37. The firm has a market capitalization of $18.06 billion, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 0.79 and a beta of 0.74. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.63 and a quick ratio of 1.28.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings results on Friday, January 31st. The technology company reported $0.19 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%. Equities research analysts anticipate that TDK will post 0.61 EPS 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.