TDK Co. (OTCMKTS:TTDKY) Short Interest Update

TDK Co. (OTCMKTS:TTDKY) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 35,200 shares, a drop of 55.0% from the December 31st total of 78,200 shares. Based on an average daily volume of 248,000 shares, the short-interest ratio is currently 0.1 days.

TDK Price Performance

OTCMKTS:TTDKY traded up $0.25 during mid-day trading on Thursday, reaching $12.66. 85,724 shares of the company were exchanged, compared to its average volume of 103,408. TDK has a 12 month low of $8.61 and a 12 month high of $14.37. The company has a fifty day moving average of $12.72 and a 200 day moving average of $35.43. The stock has a market cap of $24.61 billion, a PE ratio of 20.69, a PEG ratio of 0.76 and a beta of 0.88. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.20.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings results on Friday, November 1st. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.12. TDK had a return on equity of 10.08% and a net margin of 8.23%. The business had revenue of $3.84 billion for the quarter. On average, research analysts anticipate that TDK will post 0.64 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.