TDK Co. (OTCMKTS:TTDKY) Short Interest Down 66.3% in September

TDK Co. (OTCMKTS:TTDKY) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 3,300 shares, a drop of 66.3% from the August 31st total of 9,800 shares. Based on an average daily trading volume, of 69,300 shares, the short-interest ratio is currently 0.0 days.

TDK Stock Performance

OTCMKTS:TTDKY opened at $68.25 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.30 and a debt-to-equity ratio of 0.23. TDK has a 1 year low of $35.30 and a 1 year high of $71.84. The firm has a 50 day moving average of $64.85 and a 200-day moving average of $57.01.

TDK (OTCMKTS:TTDKY) last posted its earnings results on Tuesday, July 30th. The technology company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.50. The company had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.29 billion. TDK had a return on equity of 9.96% and a net margin of 7.96%. Equities research analysts expect that TDK will post 3.94 earnings per share for the current fiscal 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.