OMRON Co. (OTCMKTS:OMRNY) Sees Significant Drop in Short Interest

by · The Cerbat Gem

OMRON Co. (OTCMKTS:OMRNY – Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 8,700 shares, a decline of 35.1% from the March 15th total of 13,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 76,800 shares, the short-interest ratio is presently 0.1 days.

OMRON Stock Performance

Shares of OMRON stock traded up $0.77 on Friday, reaching $29.81. 52,874 shares of the stock were exchanged, compared to its average volume of 62,956. OMRON has a 1-year low of $25.08 and a 1-year high of $47.75. The business has a fifty day moving average price of $29.38 and a two-hundred day moving average price of $33.22. The firm has a market capitalization of $6.15 billion, a PE ratio of 110.41 and a beta of 1.16. The company has a current ratio of 2.20, a quick ratio of 1.45 and a debt-to-equity ratio of 0.11.

OMRON (OTCMKTS:OMRNY – Get Free Report) last released its earnings results on Monday, February 10th. The company reported $0.35 EPS for the quarter. OMRON had a return on equity of 0.81% and a net margin of 0.98%. As a group, research analysts anticipate that OMRON will post 0.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in OMRON stock. GAMMA Investing LLC raised its holdings in OMRON Co. (OTCMKTS:OMRNY – Free Report) by 831.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,946 shares of the company’s stock after purchasing an additional 13,342 shares during the period. GAMMA Investing LLC’s holdings in OMRON were worth $421,000 at the end of the most recent reporting period. 1.09% of the stock is owned by institutional investors and hedge funds.

OMRON Company Profile

(Get Free Report)

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.

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