Short Interest in OMRON Co. (OTCMKTS:OMRNY) Declines By 33.7%

OMRON Co. (OTCMKTS:OMRNY - Get Free Report) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 13,400 shares, a drop of 33.7% from the February 28th total of 20,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 74,900 shares, the days-to-cover ratio is currently 0.2 days.

OMRON Price Performance

Shares of OMRON stock traded up $0.48 on Wednesday, hitting $28.41. 40,608 shares of the company traded hands, compared to its average volume of 50,496. OMRON has a 52 week low of $27.42 and a 52 week high of $47.75. The business has a 50-day simple moving average of $30.83 and a 200 day simple moving average of $34.73. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.45 and a current ratio of 2.20. The stock has a market capitalization of $5.86 billion, a P/E ratio of 105.21 and a beta of 1.04.

OMRON (OTCMKTS:OMRNY - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.35 earnings per share (EPS) for the quarter. OMRON had a net margin of 0.98% and a return on equity of 0.81%. Research analysts expect that OMRON will post 0.42 earnings per share for the current fiscal year.

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.