Short Interest in TDK Co. (OTCMKTS:TTDKY) Rises By 112.5%

TDK Co. (OTCMKTS:TTDKY) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 5,100 shares, a growth of 112.5% from the March 31st total of 2,400 shares. Based on an average daily volume of 33,700 shares, the days-to-cover ratio is currently 0.2 days.

TDK Stock Performance

OTCMKTS:TTDKY opened at $43.97 on Friday. TDK has a twelve month low of $33.63 and a twelve month high of $54.59. The stock’s 50 day moving average price is $50.01 and its two-hundred day moving average price is $47.01. The company has a quick ratio of 1.32, a current ratio of 1.74 and a debt-to-equity ratio of 0.30.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.16 earnings per share for the quarter. The firm had revenue of $3.79 billion for the quarter. TDK had a return on equity of 5.84% and a net margin of 4.38%. Analysts predict that TDK will post 2.87 EPS for the current 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.