TDK Co. (OTCMKTS:TTDKY) Short Interest Up 231.0% in March

TDK Co. (OTCMKTS:TTDKY) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 13,900 shares, an increase of 231.0% from the February 28th total of 4,200 shares. Based on an average daily volume of 346,700 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

TDK Stock Performance

TTDKY traded up $0.02 during trading hours on Friday, reaching $10.80. The company’s stock had a trading volume of 143,698 shares, compared to its average volume of 233,098. TDK has a 52 week low of $8.61 and a 52 week high of $14.37. The firm has a market cap of $20.99 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 0.79 and a beta of 0.84. The company’s 50-day moving average is $11.23 and its 200-day moving average is $20.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.63.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings results on Friday, January 31st. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.08%. On average, equities analysts forecast that TDK will post 0.61 EPS 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.