TDK Co. (OTCMKTS:TTDKY) Short Interest Up 722.2% in May

TDK Co. (OTCMKTS:TTDKYGet Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 7,400 shares, a growth of 722.2% from the May 15th total of 900 shares. Based on an average trading volume of 36,300 shares, the short-interest ratio is currently 0.2 days.

TDK Stock Performance

Shares of TDK stock traded down $1.00 during trading hours on Friday, reaching $55.61. The company had a trading volume of 11,256 shares, compared to its average volume of 18,081. TDK has a one year low of $33.66 and a one year high of $57.50. The business has a fifty day simple moving average of $48.36 and a 200 day simple moving average of $49.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.70 and a quick ratio of 1.30.

TDK (OTCMKTS:TTDKYGet Free Report) last posted its quarterly earnings results on Friday, April 26th. The technology company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). TDK had a return on equity of 7.54% and a net margin of 5.89%. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.22 billion. Research analysts anticipate that TDK will post 2.7 earnings per share for the current fiscal year.

About TDK

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for TDK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TDK and related companies with's FREE daily email newsletter.