OMRON Co. (OTCMKTS:OMRNY – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 51,900 shares, a growth of 137.0% from the June 30th total of 21,900 shares. Based on an average daily trading volume, of 76,100 shares, the days-to-cover ratio is presently 0.7 days.
Hedge Funds Weigh In On OMRON
A hedge fund recently raised its stake in OMRON stock. Fisher Asset Management LLC increased its stake in OMRON Co. (OTCMKTS:OMRNY – Free Report) by 6.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,242,068 shares of the company’s stock after purchasing an additional 125,912 shares during the quarter. Fisher Asset Management LLC owned approximately 1.09% of OMRON worth $104,692,000 at the end of the most recent quarter. Institutional investors and hedge funds own 1.09% of the company’s stock.
OMRON Trading Up 1.6 %
Shares of OTCMKTS OMRNY traded up $0.55 during midday trading on Friday, hitting $34.85. 33,796 shares of the stock traded hands, compared to its average volume of 30,129. The firm has a 50-day moving average of $34.69 and a two-hundred day moving average of $36.93. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.37 and a quick ratio of 1.62. OMRON has a one year low of $31.56 and a one year high of $58.84.
About OMRON
OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.
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