DENSO Co. (OTCMKTS:DNZOY) Short Interest Up 842.9% in March

DENSO Co. (OTCMKTS:DNZOY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 33,000 shares, a growth of 842.9% from the February 28th total of 3,500 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 340,500 shares, the days-to-cover ratio is presently 0.1 days.

DENSO Stock Performance

Shares of DENSO stock traded down $0.01 during midday trading on Wednesday, hitting $13.48. The company had a trading volume of 97,734 shares, compared to its average volume of 213,502. DENSO has a 1-year low of $12.24 and a 1-year high of $19.74. The business’s 50 day simple moving average is $13.22 and its two-hundred day simple moving average is $13.88. The stock has a market cap of $39.24 billion, a PE ratio of 13.22 and a beta of 1.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.32.

DENSO (OTCMKTS:DNZOY) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.03). DENSO had a return on equity of 8.06% and a net margin of 6.37%. As a group, equities analysts predict that DENSO will post 1.05 EPS for the current fiscal year.

About DENSO

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.