Short Interest in TDK Co. (OTCMKTS:TTDKY) Declines By 26.7%

TDK Co. (OTCMKTS:TTDKY) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 6,300 shares, a decrease of 26.7% from the November 15th total of 8,600 shares. Based on an average daily trading volume, of 165,300 shares, the days-to-cover ratio is presently 0.0 days.

TDK Stock Performance

TDK stock opened at $13.16 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 1.60. The stock’s 50 day simple moving average is $14.81 and its two-hundred day simple moving average is $46.22. TDK has a 12 month low of $8.61 and a 12 month high of $14.37.

TDK (OTCMKTS:TTDKY) last released its quarterly 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. TDK had a net margin of 8.23% and a return on equity of 10.08%. The company had revenue of $3.84 billion for the quarter. On average, equities analysts expect that TDK will post 0.64 earnings per share for the current year.

TDK Company Profile

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.