TDK Co. (OTCMKTS:TTDKY) Short Interest Update

TDK Co. (OTCMKTS:TTDKY) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 78,200 shares, a growth of 15,540.0% from the December 15th total of 500 shares. Based on an average daily volume of 141,100 shares, the days-to-cover ratio is currently 0.6 days.

TDK Price Performance

TTDKY stock traded up $0.43 during mid-day trading on Wednesday, reaching $12.20. 120,805 shares of the company’s stock were exchanged, compared to its average volume of 125,156. The company has a market cap of $23.72 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 0.83 and a beta of 0.88. The stock’s 50 day moving average is $12.89 and its 200 day moving average is $39.39. TDK has a 12-month low of $8.61 and a 12-month high of $14.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.60 and a quick ratio of 1.25.

TDK (OTCMKTS:TTDKY) last released its earnings results on Friday, November 1st. The technology company reported $0.16 earnings per share for the quarter, beating the consensus estimate 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 for the quarter. On average, research analysts expect that TDK will post 0.64 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.