Short Interest in TDK Co. (OTCMKTS:TTDKY) Increases By 231.0%

TDK Co. (OTCMKTS:TTDKY) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 13,900 shares, an increase of 231.0% from the February 28th total of 4,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 346,700 shares, the short-interest ratio is presently 0.0 days.

TDK Stock Performance

TDK stock opened at $10.52 on Friday. TDK has a 52-week low of $8.61 and a 52-week high of $14.37. 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 fifty day moving average price of $11.20 and a two-hundred day moving average price of $19.72. The firm has a market capitalization of $20.46 billion, a P/E ratio of 18.46, a P/E/G ratio of 0.79 and a beta of 0.84.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings results on Friday, January 31st. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.08%. As a group, analysts anticipate 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.