OMRON Co. (OTCMKTS:OMRNY) Short Interest Up 246.5% in December

OMRON Co. (OTCMKTS:OMRNY) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 54,400 shares, an increase of 246.5% from the December 15th total of 15,700 shares. Based on an average daily trading volume, of 141,500 shares, the short-interest ratio is currently 0.4 days.

OMRON Price Performance

Shares of OTCMKTS OMRNY opened at $30.09 on Thursday. The company has a current ratio of 2.20, a quick ratio of 1.45 and a debt-to-equity ratio of 0.11. OMRON has a 12-month low of $29.30 and a 12-month high of $47.75. The stock has a 50 day simple moving average of $32.82 and a 200-day simple moving average of $37.32.

OMRON (OTCMKTS:OMRNY) last released its earnings results on Wednesday, November 6th. The company reported $0.22 earnings per share for the quarter. The firm had revenue of $1.28 billion during the quarter. OMRON had a negative return on equity of 0.09% and a negative net margin of 0.11%. On average, equities analysts expect that OMRON will post 0.66 earnings per share for the current year.

About OMRON

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.