Short Interest in OMRON Co. (OTCMKTS:OMRNY) Decreases By 33.7%

OMRON Co. (OTCMKTS:OMRNY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 13,400 shares, a drop of 33.7% from the February 28th total of 20,200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 74,900 shares, the days-to-cover ratio is presently 0.2 days.

OMRON Stock Performance

OTCMKTS:OMRNY traded down $0.77 during midday trading on Monday, reaching $28.98. The stock had a trading volume of 41,459 shares, compared to its average volume of 50,421. The stock has a market capitalization of $5.98 billion, a P/E ratio of 107.35 and a beta of 1.04. OMRON has a 1-year low of $28.77 and a 1-year high of $47.75. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.20 and a quick ratio of 1.45. The firm’s fifty day simple moving average is $30.98 and its 200-day simple moving average is $34.93.

OMRON (OTCMKTS:OMRNY) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.35 EPS for the quarter. OMRON had a return on equity of 0.81% and a net margin of 0.98%. On average, equities research analysts forecast that OMRON will post 0.42 EPS for the current fiscal year.

OMRON Company Profile

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.