TDK Co. (OTCMKTS:TTDKY) Short Interest Up 15,540.0% in December

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

TDK Trading Down 1.1 %

Shares of TTDKY opened at $11.80 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.60 and a quick ratio of 1.25. TDK has a 1-year low of $8.61 and a 1-year high of $14.37. The stock has a market cap of $22.94 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 0.83 and a beta of 0.88. The firm has a 50 day simple moving average of $12.92 and a 200-day simple moving average of $40.10.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings results on Friday, November 1st. The technology company reported $0.16 earnings per share for the quarter, topping 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%. Equities analysts forecast 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.