Omron Corp. (OTCMKTS:OMRNY – Get Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 9,388 shares, a decrease of 33.1% from the July 30th total of 14,027 shares. Based on an average daily volume of 55,177 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Omron from a “buy” rating to a “hold” rating in a report on Tuesday, June 16th. Zacks Research raised Omron from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Omron presently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on Omron
Omron Stock Performance
Omron Company Profile
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.
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