TDK Co. (OTCMKTS:TTDKY) Short Interest Up 652.5% in March

TDK Co. (OTCMKTS:TTDKY) was the target of a large 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 company’s stock are short sold.

TDK Stock Up 1.5 %

TTDKY stock traded up $0.14 during midday trading on Monday, hitting $9.29. The company’s stock had a trading volume of 448,264 shares, compared to its average volume of 258,130. The firm’s 50-day moving average is $10.54 and its 200-day moving average is $14.84. The company has a current ratio of 1.63, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18. TDK has a 12 month low of $8.10 and a 12 month high of $14.37. The company has a market cap of $18.06 billion, a PE ratio of 16.30, a P/E/G ratio of 0.79 and a beta of 0.74.

TDK (OTCMKTS:TTDKY) last issued its earnings results on Friday, January 31st. The technology company reported $0.19 earnings per share 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 research analysts forecast that TDK will post 0.61 earnings per share for the current fiscal 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.