TDK Co. (OTCMKTS:TTDKY) Short Interest Down 17.6% in January

TDK Co. (OTCMKTS:TTDKY) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 29,000 shares, a decrease of 17.6% from the January 15th total of 35,200 shares. Based on an average daily trading volume, of 293,300 shares, the days-to-cover ratio is presently 0.1 days.

TDK Price Performance

Shares of TTDKY stock opened at $11.29 on Friday. TDK has a twelve month low of $8.61 and a twelve month high of $14.37. The stock has a market capitalization of $21.95 billion, a price-to-earnings ratio of 19.81, a P/E/G ratio of 0.79 and a beta of 0.87. The stock has a fifty day simple moving average of $12.40 and a two-hundred day simple moving average of $30.79. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.20.

TDK (OTCMKTS:TTDKY) last issued its earnings results on Friday, January 31st. The technology company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). TDK had a return on equity of 9.23% and a net margin of 7.65%. On average, analysts predict that TDK will post 0.61 EPS for the current fiscal 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.