TDK Corp. (OTCMKTS:TTDKY) Short Interest Update

TDK Corp. (OTCMKTS:TTDKY) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 24,912 shares, a drop of 80.5% from the November 30th total of 127,953 shares. Based on an average daily volume of 255,215 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 255,215 shares, the short-interest ratio is currently 0.1 days.

TDK Stock Up 0.4%

TTDKY stock traded up $0.06 on Friday, reaching $14.24. 36,075 shares of the company traded hands, compared to its average volume of 151,770. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.56 and a quick ratio of 1.22. The firm has a fifty day simple moving average of $15.85 and a 200-day simple moving average of $13.81. TDK has a one year low of $8.10 and a one year high of $18.51. The company has a market cap of $27.68 billion, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 1.35 and a beta of 0.76.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings results on Friday, October 31st. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.04. TDK had a return on equity of 9.32% and a net margin of 7.55%.The firm had revenue of $4.20 billion during the quarter, compared to analyst estimates of $3.97 billion. Research analysts anticipate that TDK will post 0.61 earnings per share for the current year.

About TDK

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.