Short Interest in TDK Co. (OTCMKTS:TTDKY) Expands By 616.7%

TDK Co. (OTCMKTS:TTDKY) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 8,600 shares, a growth of 616.7% from the October 31st total of 1,200 shares. Based on an average daily volume of 184,200 shares, the short-interest ratio is currently 0.0 days.

TDK Stock Down 2.6 %

Shares of OTCMKTS TTDKY traded down $0.32 during midday trading on Wednesday, hitting $12.04. 72,559 shares of the company’s stock were exchanged, compared to its average volume of 90,877. TDK has a 12 month low of $8.61 and a 12 month high of $14.37. The company’s 50 day moving average price is $28.24 and its 200 day moving average price is $49.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.30 and a current ratio of 1.69.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings data on Friday, November 1st. The technology company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.04 by $0.12. The firm had revenue of $3.84 billion for the quarter. TDK had a net margin of 8.23% and a return on equity of 10.08%. Equities research analysts predict that TDK will post 0.14 earnings per share 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.