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

TDK Co. (OTCMKTS:TTDKY) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 78,200 shares, an increase of 15,540.0% from the December 31st total of 500 shares. Based on an average daily trading volume, of 141,100 shares, the days-to-cover ratio is currently 0.6 days.

TDK Stock Performance

TDK stock opened at $12.66 on Thursday. The stock has a market cap of $24.61 billion, a P/E ratio of 20.69, a price-to-earnings-growth ratio of 0.76 and a beta of 0.88. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average of $12.72 and a 200-day moving average of $35.43. TDK has a 52 week low of $8.61 and a 52 week high of $14.37.

TDK (OTCMKTS:TTDKY) last released its earnings results on Friday, November 1st. The technology company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.04 by $0.12. The company had revenue of $3.84 billion during the quarter. TDK had a return on equity of 10.08% and a net margin of 8.23%. On average, analysts expect that TDK will post 0.64 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.