TDK Co. (OTCMKTS:TTDKY) Sees Large Increase in Short Interest

TDK Co. (OTCMKTS:TTDKY - Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 10,200 shares, an increase of 47.8% from the September 30th total of 6,900 shares. Based on an average trading volume of 126,600 shares, the short-interest ratio is currently 0.1 days.

TDK Trading Up 1.0 %

Shares of OTCMKTS TTDKY traded up $0.12 during midday trading on Friday, reaching $12.09. The company had a trading volume of 72,049 shares, compared to its average volume of 105,418. TDK has a one year low of $7.19 and a one year high of $14.37. The company has a quick ratio of 1.30, a current ratio of 1.69 and a debt-to-equity ratio of 0.21. The firm's fifty day moving average price is $51.47 and its 200-day moving average price is $54.53. The stock has a market cap of $23.50 billion, a PE ratio of 5.37, a price-to-earnings-growth ratio of 3.31 and a beta of 0.87.

TDK (OTCMKTS:TTDKY - Get Free Report) last released its earnings results on Tuesday, July 30th. The technology company reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.50. The company had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.29 billion. TDK had a return on equity of 9.83% and a net margin of 7.96%. On average, equities research analysts anticipate that TDK will post 0.14 earnings per share for the current 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.