TDK Co. (OTCMKTS:TTDKY) Short Interest Up 30.8% in April

TDK Co. (OTCMKTS:TTDKY) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 136,800 shares, an increase of 30.8% from the March 31st total of 104,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 832,600 shares, the days-to-cover ratio is currently 0.2 days.

TDK Price Performance

Shares of OTCMKTS TTDKY opened at $11.02 on Friday. 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 cap of $21.42 billion, a PE ratio of 19.33, a PEG ratio of 0.79 and a beta of 0.74. TDK has a one year low of $8.10 and a one year high of $14.37. The firm has a fifty day moving average of $10.20 and a 200 day moving average of $11.64.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings results on Monday, April 28th. The technology company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.06). The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $506.51 billion. TDK had a return on equity of 9.08% and a net margin of 7.65%. As a group, research analysts predict that TDK will post 0.61 EPS 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.