Short Interest in TDK Co. (OTCMKTS:TTDKY) Grows By 48.8%

TDK Co. (OTCMKTS:TTDKY - Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 65,900 shares, an increase of 48.8% from the April 30th total of 44,300 shares. Based on an average trading volume of 228,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

TDK Price Performance

Shares of TTDKY stock traded down $0.24 during mid-day trading on Thursday, reaching $10.48. The stock had a trading volume of 100,125 shares, compared to its average volume of 227,782. TDK has a 12-month low of $8.10 and a 12-month high of $14.37. The company has a market cap of $20.37 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 0.79 and a beta of 0.71. The business has a 50-day simple moving average of $10.28 and a 200 day simple moving average of $11.36. The company has a current ratio of 1.63, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The technology company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.06). The business had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $506.51 billion. TDK had a net margin of 7.65% and a return on equity of 9.08%. On average, sell-side analysts anticipate that TDK will post 0.61 earnings per share for the current year.

TDK Company Profile

TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments.