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

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

Institutional Trading of OMRON

An institutional investor recently raised its position in OMRON stock. GAMMA Investing LLC boosted its stake in shares of OMRON Co. (OTCMKTS:OMRNY - Free Report) by 831.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 14,946 shares of the company's stock after buying 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 owned by hedge funds and other institutional investors.

OMRON Stock Performance

Shares of OTCMKTS OMRNY traded down $0.24 during trading on Tuesday, reaching $26.04. 78,085 shares of the stock traded hands, compared to its average volume of 57,566. The stock has a market capitalization of $5.37 billion, a P/E ratio of 96.45 and a beta of 1.13. 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 company has a 50-day moving average of $28.17 and a 200-day moving average of $30.46. OMRON has a 52-week low of $25.08 and a 52-week high of $47.75.

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 analysts' consensus estimates of $0.41 by ($0.11). The firm had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.48 billion. OMRON had a net margin of 0.98% and a return on equity of 0.81%. 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.