DENSO Co. (OTCMKTS:DNZOY) Sees Large Growth in Short Interest

by · The Cerbat Gem

DENSO Co. (OTCMKTS:DNZOY – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 223,700 shares, a growth of 577.9% from the March 15th total of 33,000 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 317,400 shares, the short-interest ratio is currently 0.7 days.

DENSO Stock Up 0.2 %

DENSO stock traded up $0.02 during midday trading on Monday, hitting $11.62. 775,637 shares of the company’s stock were exchanged, compared to its average volume of 266,541. DENSO has a 12 month low of $10.96 and a 12 month high of $19.35. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.32 and a current ratio of 1.92. The company has a market cap of $33.83 billion, a PE ratio of 11.39 and a beta of 0.99. The firm has a 50-day moving average of $12.72 and a two-hundred day moving average of $13.63.

DENSO (OTCMKTS:DNZOY – Get Free Report) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.03). DENSO had a net margin of 6.37% and a return on equity of 8.06%. As a group, analysts expect that DENSO will post 1.05 earnings per share for the current fiscal year.

About DENSO

(Get Free Report)

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.

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