Short Interest in OMRON Co. (OTCMKTS:OMRNY) Rises By 290.4%

OMRON Co. (OTCMKTS:OMRNY - 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 28,500 shares, a growth of 290.4% from the March 15th total of 7,300 shares. Based on an average trading volume of 64,000 shares, the days-to-cover ratio is currently 0.4 days.

OMRON Price Performance

OMRNY traded up $0.85 on Thursday, reaching $35.06. 46,125 shares of the company's stock were exchanged, compared to its average volume of 34,779. The stock has a market cap of $7.23 billion, a PE ratio of 29.46, a P/E/G ratio of 40.32 and a beta of 1.13. OMRON has a twelve month low of $34.18 and a twelve month high of $66.18. The stock's fifty day moving average price is $37.09 and its 200-day moving average price is $40.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.88 and a quick ratio of 1.21.

OMRON (OTCMKTS:OMRNY - Get Free Report) last posted its earnings results on Monday, February 5th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.16). The firm had revenue of $1.40 billion during the quarter. OMRON had a net margin of 3.89% and a return on equity of 4.18%. Sell-side analysts expect that OMRON will post 0.08 EPS for the current year.

Hedge Funds Weigh In On OMRON

Several institutional investors and hedge funds have recently bought and sold shares of OMRNY. Captrust Financial Advisors lifted its holdings in shares of OMRON by 37.8% in the 1st quarter. Captrust Financial Advisors now owns 1,404 shares of the company's stock worth $94,000 after acquiring an additional 385 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of OMRON in the 1st quarter worth approximately $229,000. Finally, Fisher Asset Management LLC lifted its holdings in shares of OMRON by 6.0% in the 4th quarter. Fisher Asset Management LLC now owns 2,242,068 shares of the company's stock worth $104,692,000 after acquiring an additional 125,912 shares during the last quarter. 1.09% of the stock is currently owned by institutional investors and hedge funds.

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.