OMRON Co. (OTCMKTS:OMRNY) Short Interest Down 49.8% in May

OMRON Co. (OTCMKTS:OMRNY - Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 30,200 shares, a decrease of 49.8% from the April 30th total of 60,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 79,100 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On OMRON

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

OMRON Trading Down 0.9%

Shares of OMRON stock opened at $25.80 on Monday. The firm has a market cap of $5.32 billion, a PE ratio of 95.56 and a beta of 1.13. The company has a 50 day simple moving average of $28.23 and a two-hundred day simple moving average of $30.51. OMRON has a 1 year low of $25.08 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.

OMRON (OTCMKTS:OMRNY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.11). The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.48 billion. OMRON had a net margin of 0.98% and a return on equity of 0.81%. Analysts expect that OMRON will post 0.42 earnings per share 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.