TDK Co. (OTCMKTS:TTDKY) Short Interest Up 112.5% in April

TDK Co. (OTCMKTS:TTDKY) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 5,100 shares, a growth of 112.5% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 33,700 shares, the short-interest ratio is presently 0.2 days.

TDK Stock Down 5.4 %

OTCMKTS TTDKY traded down $2.50 on Friday, reaching $43.97. 21,440 shares of the company were exchanged, compared to its average volume of 15,366. The business’s fifty day moving average price is $50.01 and its 200 day moving average price is $46.95. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.32 and a current ratio of 1.74. TDK has a fifty-two week low of $33.63 and a fifty-two week high of $54.59.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings data on Wednesday, January 31st. The technology company reported $1.16 earnings per share for the quarter. TDK had a return on equity of 5.84% and a net margin of 4.38%. The company had revenue of $3.79 billion for the quarter. Equities analysts expect that TDK will post 2.22 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.