DENSO Co. (OTCMKTS:DNZOY) Sees Large Increase in Short Interest

DENSO Co. (OTCMKTS:DNZOY) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 26,000 shares, an increase of 213.3% from the October 31st total of 8,300 shares. Based on an average trading volume of 276,400 shares, the short-interest ratio is presently 0.1 days.

DENSO Trading Down 2.8 %

Shares of OTCMKTS DNZOY traded down $0.41 during trading on Thursday, reaching $14.09. The stock had a trading volume of 99,406 shares, compared to its average volume of 96,597. DENSO has a fifty-two week low of $13.64 and a fifty-two week high of $19.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.35 and a current ratio of 1.91. The business’s 50-day moving average price is $14.51 and its 200-day moving average price is $15.14. The company has a market cap of $42.20 billion, a P/E ratio of 18.54 and a beta of 1.02.

DENSO Company Profile

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.