Omron Corp. (OTCMKTS:OMRNY) Short Interest Up 184.3% in September

Omron Corp. (OTCMKTS:OMRNY) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 30,700 shares, an increase of 184.3% from the September 15th total of 10,800 shares. Based on an average trading volume of 80,200 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 80,200 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC increased its holdings in Omron Corp. (OTCMKTS:OMRNY) by 180.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,488 shares of the company’s stock after buying an additional 958 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $40,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.09% of the company’s stock.

Omron Stock Performance

OMRNY stock opened at $29.21 on Tuesday. The firm has a market cap of $6.02 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 0.40 and a beta of 1.10. The firm has a 50-day simple moving average of $27.10 and a two-hundred day simple moving average of $27.10. Omron has a one year low of $24.16 and a one year high of $41.68. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.54 and a current ratio of 2.34.

Omron (OTCMKTS:OMRNY) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.19 by $0.05. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.31 billion. Omron had a net margin of 4.04% and a return on equity of 3.46%. On average, equities analysts forecast that Omron will post 0.42 EPS for the current fiscal year.

Omron Company Profile

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.