OMRON Co. (OTCMKTS:OMRNY) Short Interest Update

OMRON Co. (OTCMKTS:OMRNY) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 11,300 shares, a decline of 64.5% from the October 15th total of 31,800 shares. Based on an average daily volume of 29,000 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On OMRON

An institutional investor recently raised its position in OMRON stock. GAMMA Investing LLC increased its stake in OMRON Co. (OTCMKTS:OMRNY) by 329.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,542 shares of the company’s stock after buying an additional 1,183 shares during the period. GAMMA Investing LLC’s holdings in OMRON were worth $54,000 at the end of the most recent reporting period. Institutional investors own 1.09% of the company’s stock.

OMRON Stock Down 0.3 %

OMRON stock traded down $0.11 during mid-day trading on Friday, hitting $33.04. The company’s stock had a trading volume of 114,530 shares, compared to its average volume of 41,997. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.52 and a current ratio of 2.29. The business has a 50 day moving average price of $41.68 and a 200-day moving average price of $37.96. OMRON has a 12 month low of $31.00 and a 12 month high of $47.89.

OMRON (OTCMKTS:OMRNY) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.22 EPS for the quarter. The firm had revenue of $1.28 billion during the quarter. OMRON had a negative net margin of 0.11% and a negative return on equity of 0.09%. Research analysts anticipate that OMRON will post 0.41 earnings per share for the current year.

OMRON Company Profile

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.