Omron Corp. (OTCMKTS:OMRNY) Short Interest Down 64.7% in May

Omron Corp. (OTCMKTS:OMRNY) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 14,989 shares, a decline of 64.7% from the April 30th total of 42,465 shares. Based on an average trading volume of 116,983 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Omron Trading Up 5.8%

Shares of OMRNY stock traded up $2.10 during trading hours on Monday, reaching $38.31. 20,472 shares of the stock traded hands, compared to its average volume of 53,358. Omron has a 1-year low of $23.23 and a 1-year high of $40.76. The business has a fifty day moving average price of $32.46 and a 200 day moving average price of $29.12. The company has a quick ratio of 1.37, a current ratio of 2.11 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $7.53 billion, a PE ratio of 40.33, a PEG ratio of 0.78 and a beta of 1.15.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC raised its position in Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.09% of the company’s stock.

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.