TDK Co. (OTCMKTS:TTDKY) Short Interest Down 26.7% in November

TDK Co. (OTCMKTS:TTDKY) was the target of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 6,300 shares, a decline of 26.7% from the November 15th total of 8,600 shares. Based on an average daily trading volume, of 165,300 shares, the short-interest ratio is presently 0.0 days.

TDK Stock Down 0.7 %

OTCMKTS TTDKY traded down $0.09 during trading hours on Friday, reaching $13.16. 32,013 shares of the company traded hands, compared to its average volume of 102,482. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.20. TDK has a 12 month low of $8.61 and a 12 month high of $14.37. The company has a 50 day moving average of $15.87 and a two-hundred day moving average of $46.47.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings results on Friday, November 1st. The technology company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.12. TDK had a return on equity of 10.08% and a net margin of 8.23%. The business had revenue of $3.84 billion during the quarter. As a group, analysts expect that TDK will post 0.64 EPS for the current year.

About TDK

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.