Short Interest in TDK Co. (OTCMKTS:TTDKY) Rises By 652.5%

TDK Co. (OTCMKTS:TTDKY - Get Free Report) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 104,600 shares, an increase of 652.5% from the March 15th total of 13,900 shares. Based on an average daily volume of 342,700 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

TDK Price Performance

Shares of OTCMKTS:TTDKY traded up $0.07 during trading on Friday, reaching $9.89. The company had a trading volume of 211,401 shares, compared to its average volume of 268,418. TDK has a twelve month low of $8.10 and a twelve month high of $14.37. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.63. The firm has a market capitalization of $19.22 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 0.79 and a beta of 0.74. The firm's fifty day moving average is $10.38 and its 200 day moving average is $13.63.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The technology company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.01). TDK had a return on equity of 9.08% and a net margin of 7.65%. On average, equities analysts forecast that TDK will post 0.61 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.