Omron Corp. (OTCMKTS:OMRNY) Short Interest Update

Omron Corp. (OTCMKTS:OMRNY) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 42,465 shares, a growth of 334.9% from the April 15th total of 9,765 shares. Based on an average trading volume of 58,104 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

Omron Stock Performance

Shares of OMRNY traded down $1.25 during midday trading on Friday, hitting $36.32. 25,197 shares of the stock traded hands, compared to its average volume of 54,882. Omron has a 1-year low of $23.23 and a 1-year high of $40.76. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.37 and a current ratio of 2.11. The firm has a market capitalization of $7.14 billion, a PE ratio of 45.97, a price-to-earnings-growth ratio of 0.44 and a beta of 1.16. The business’s 50 day moving average price is $31.27 and its two-hundred day moving average price is $28.56.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Omron from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Institutional Trading of Omron

A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC grew its holdings in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,129 shares of the company’s stock after acquiring an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent SEC filing. Institutional investors own 1.09% of the company’s stock.

About Omron

Omron Corporation (OTCMKTS: OMRNY) is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.