OMRON Co. (OTCMKTS:OMRNY) Short Interest Down 64.5% in October

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

OMRON Stock Performance

Shares of OMRNY stock traded down $1.13 during mid-day trading on Friday, hitting $33.15. The company’s stock had a trading volume of 57,461 shares, compared to its average volume of 17,264. 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 company’s fifty day simple moving average is $41.68 and its 200-day simple moving average is $37.96. OMRON has a 52 week low of $31.00 and a 52 week high of $47.89.

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

Institutional Trading of OMRON

An institutional investor recently raised its position in OMRON stock. GAMMA Investing LLC lifted its holdings in OMRON Co. (OTCMKTS:OMRNY) by 329.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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. 1.09% of the stock is owned by institutional investors.

About OMRON

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.