DENSO Co. (OTCMKTS:DNZOY) Short Interest Down 87.6% in February

DENSO Co. (OTCMKTS:DNZOY) saw a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 5,200 shares, a drop of 87.6% from the January 31st total of 42,000 shares. Based on an average trading volume of 429,100 shares, the days-to-cover ratio is presently 0.0 days.

DENSO Trading Up 0.9 %

Shares of DNZOY traded up $0.12 during mid-day trading on Friday, reaching $12.96. 164,250 shares of the company were exchanged, compared to its average volume of 235,509. DENSO has a 52 week low of $12.24 and a 52 week high of $19.74. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.32 and a current ratio of 1.92. The stock has a market capitalization of $37.73 billion, a PE ratio of 12.71 and a beta of 1.01. The business has a 50 day simple moving average of $13.38 and a two-hundred day simple moving average of $14.15.

DENSO (OTCMKTS:DNZOY) last issued its earnings results on Friday, February 7th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.03). DENSO had a return on equity of 8.06% and a net margin of 6.37%. On average, analysts predict that DENSO will post 1.05 earnings per share for the current fiscal year.

About DENSO

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.