TDK Co. (OTCMKTS:TTDKY) Short Interest Update

TDK Co. (OTCMKTS:TTDKY) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 104,600 shares, a growth of 652.5% from the March 15th total of 13,900 shares. Based on an average trading volume of 342,700 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

TDK Price Performance

Shares of OTCMKTS TTDKY opened at $9.80 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.63 and a quick ratio of 1.28. The stock has a market capitalization of $19.05 billion, a price-to-earnings ratio of 17.19, a PEG ratio of 0.79 and a beta of 0.74. The firm’s 50 day simple moving average is $10.51 and its 200-day simple moving average is $14.46. TDK has a 12 month low of $8.10 and a 12 month high of $14.37.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings data on Friday, January 31st. The technology company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.08%. Analysts expect that TDK will post 0.61 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.