Short Interest in Omron Corp. (OTCMKTS:OMRNY) Declines By 33.1%

Omron Corp. (OTCMKTS:OMRNYGet Free Report) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 9,388 shares, a decline of 33.1% from the July 30th total of 14,027 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 55,177 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

A number of analysts recently issued reports on OMRNY shares. Zacks Research upgraded shares of Omron from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. Jefferies Financial Group downgraded Omron from a “buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Omron has a consensus rating of “Hold”.

Read Our Latest Stock Report on Omron

Omron Stock Performance

Shares of OMRNY opened at $39.43 on Thursday. Omron has a 52-week low of $23.23 and a 52-week high of $45.24. The stock’s 50-day simple moving average is $37.54 and its 200 day simple moving average is $34.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.41 and a current ratio of 1.83. The stock has a market capitalization of $7.75 billion, a price-to-earnings ratio of 37.55, a price-to-earnings-growth ratio of 0.78 and a beta of 1.16.

About Omron

(Get Free Report)

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.

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