DENSO Co. (OTCMKTS:DNZOY) Sees Large Decline in Short Interest

DENSO Co. (OTCMKTS:DNZOY) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 8,300 shares, a decline of 79.5% from the October 15th total of 40,400 shares. Based on an average trading volume of 346,600 shares, the days-to-cover ratio is currently 0.0 days.

DENSO Trading Down 1.5 %

OTCMKTS:DNZOY traded down $0.23 during trading hours on Tuesday, reaching $15.00. 197,299 shares of the stock were exchanged, compared to its average volume of 92,585. The business has a 50-day moving average of $14.44 and a two-hundred day moving average of $15.34. The company has a quick ratio of 1.35, a current ratio of 1.91 and a debt-to-equity ratio of 0.09. DENSO has a twelve month low of $13.64 and a twelve month high of $19.74. The company has a market capitalization of $44.93 billion, a price-to-earnings ratio of 20.04 and a beta of 1.02.

DENSO Company Profile

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.