TDK Co. (OTCMKTS:TTDKY) Short Interest Down 92.1% in December

TDK Co. (OTCMKTS:TTDKY) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 500 shares, a decrease of 92.1% from the November 30th total of 6,300 shares. Based on an average daily trading volume, of 154,400 shares, the days-to-cover ratio is presently 0.0 days.

TDK Stock Performance

TDK stock traded up $0.26 during mid-day trading on Thursday, hitting $12.96. 48,923 shares of the company’s stock traded hands, compared to its average volume of 101,554. The company has a market cap of $25.19 billion, a PE ratio of 21.18, a price-to-earnings-growth ratio of 0.83 and a beta of 0.89. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $12.74 and a 200 day moving average price of $44.04. TDK has a one year low of $8.61 and a one year high of $14.37.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings data on Friday, November 1st. The technology company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.12. The business 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%. On average, equities analysts forecast that TDK will post 0.64 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.