Short Interest in TDK Co. (OTCMKTS:TTDKY) Rises By 15,540.0%

TDK Co. (OTCMKTS:TTDKY - Get Free Report) 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 trading volume of 141,100 shares, the short-interest ratio is presently 0.6 days.

TDK Stock Down 1.1 %

Shares of TTDKY traded down $0.14 during mid-day trading on Monday, hitting $11.80. 133,273 shares of the company's stock were exchanged, compared to its average volume of 116,439. The stock has a market cap of $22.94 billion, a price-to-earnings ratio of 19.28, a P/E/G ratio of 0.83 and a beta of 0.88. The firm has a fifty day moving average of $12.92 and a two-hundred day moving average of $40.10. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.20. TDK has a twelve month low of $8.61 and a twelve month high of $14.37.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted 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. The company had revenue of $3.84 billion for the quarter. TDK had a return on equity of 10.08% and a net margin of 8.23%. On average, sell-side analysts forecast that TDK will post 0.64 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.