TDK Co. (OTCMKTS:TTDKY) Short Interest Update

TDK Co. (OTCMKTS:TTDKY) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 10,100 shares, an increase of 36.5% from the May 31st total of 7,400 shares. Based on an average daily trading volume, of 36,500 shares, the short-interest ratio is presently 0.3 days.

TDK Stock Performance

Shares of OTCMKTS:TTDKY traded up $0.05 during midday trading on Friday, reaching $61.96. The company had a trading volume of 35,516 shares, compared to its average volume of 42,389. The company has a quick ratio of 1.30, a current ratio of 1.70 and a debt-to-equity ratio of 0.23. The stock’s fifty day moving average price is $50.88 and its 200-day moving average price is $50.11. TDK has a one year low of $33.66 and a one year high of $63.47.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings results on Friday, April 26th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.22 billion. TDK had a return on equity of 7.54% and a net margin of 5.89%. As a group, equities research analysts anticipate that TDK will post 2.73 EPS for the current fiscal 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.