Omron Corp. (OTCMKTS:OMRNY) Sees Large Decrease in Short Interest

Omron Corp. (OTCMKTS:OMRNY - Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 18,700 shares, a decrease of 38.1% from the May 15th total of 30,200 shares. Based on an average trading volume of 97,200 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Omron Stock Performance

Shares of OTCMKTS:OMRNY traded up $0.41 during trading on Thursday, hitting $26.28. 35,885 shares of the company traded hands, compared to its average volume of 41,657. The stock has a market capitalization of $5.42 billion, a price-to-earnings ratio of 46.93 and a beta of 1.04. Omron has a one year low of $25.08 and a one year high of $47.75. The company has a quick ratio of 1.57, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. The business's fifty day moving average is $27.84 and its 200-day moving average is $29.97.

Omron (OTCMKTS:OMRNY - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.11). The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.48 billion. Omron had a net margin of 2.07% and a return on equity of 1.75%. As a group, equities analysts predict that Omron will post 0.42 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC increased its position in shares of Omron Corp. (OTCMKTS:OMRNY - Free Report) by 831.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,946 shares of the company's stock after purchasing an additional 13,342 shares during the period. GAMMA Investing LLC's holdings in Omron were worth $421,000 at the end of the most recent quarter. 1.09% of the stock is currently owned by institutional investors.

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.