DENSO Co. (OTCMKTS:DNZOY) Short Interest Up 842.9% in March

DENSO Co. (OTCMKTS:DNZOY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 33,000 shares, an increase of 842.9% from the February 28th total of 3,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 340,500 shares, the days-to-cover ratio is currently 0.1 days.

DENSO Stock Performance

Shares of DNZOY opened at $13.15 on Friday. The stock has a market capitalization of $38.28 billion, a PE ratio of 12.89 and a beta of 1.04. The business’s fifty day moving average price is $13.21 and its 200 day moving average price is $13.88. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.32. DENSO has a 12-month low of $12.24 and a 12-month high of $19.74.

DENSO (OTCMKTS:DNZOY) last released its quarterly earnings data on Friday, February 7th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a return on equity of 8.06% and a net margin of 6.37%. Equities research analysts forecast that DENSO will post 1.05 EPS for the current year.

About DENSO

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.