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DENSO Co. (OTCMKTS:DNZOY) Short Interest Up 577.9% in March

DENSO logo with Auto/Tires/Trucks background

DENSO Co. (OTCMKTS:DNZOY - Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 223,700 shares, a growth of 577.9% from the March 15th total of 33,000 shares. Based on an average trading volume of 317,400 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company's shares are sold short.

DENSO Trading Up 1.0 %

Shares of DNZOY traded up $0.12 during trading hours on Friday, hitting $12.11. 133,267 shares of the stock were exchanged, compared to its average volume of 267,184. The firm has a market capitalization of $35.25 billion, a P/E ratio of 11.87 and a beta of 0.99. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.32. DENSO has a fifty-two week low of $10.96 and a fifty-two week high of $18.77. The business has a 50-day moving average of $12.63 and a 200-day moving average of $13.54.

DENSO (OTCMKTS:DNZOY - Get Free Report) last announced its earnings results on Friday, February 7th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a net margin of 6.37% and a return on equity of 8.06%. On average, research analysts expect that DENSO will post 1.05 EPS for the current year.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised DENSO to a "hold" rating in a research note on Monday, April 14th.

View Our Latest Analysis on DNZOY

DENSO Company Profile

(Get Free Report)

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.

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