Omron Corp. (OTCMKTS:OMRNY – Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 14,989 shares, a decline of 64.7% from the April 30th total of 42,465 shares. Based on an average daily trading volume, of 116,983 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC increased its holdings in shares of Omron Corp. (OTCMKTS:OMRNY – Free Report) by 50.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,129 shares of the company’s stock after buying an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. Institutional investors own 1.09% of the company’s stock.
Omron Trading Up 1.4%
Shares of OMRNY stock traded up $0.51 on Friday, hitting $36.22. The stock had a trading volume of 78,190 shares, compared to its average volume of 45,041. The company’s 50 day moving average price is $32.46 and its 200-day moving average price is $29.09. Omron has a 1 year low of $23.23 and a 1 year high of $40.76. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37. The firm has a market capitalization of $7.12 billion, a P/E ratio of 38.12, a P/E/G ratio of 0.76 and a beta of 1.16.
Omron Company Profile
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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