Omron Corp. (OTCMKTS:OMRNY) Short Interest Up 334.9% in April

Omron Corp. (OTCMKTS:OMRNY) was the recipient of a large growth in short interest in 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. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 58,104 shares, the short-interest ratio is currently 0.7 days.

Analyst Ratings Changes

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

Omron Stock Performance

Shares of Omron stock traded down $0.63 during trading hours on Thursday, reaching $37.64. The company had a trading volume of 9,085 shares, compared to its average volume of 55,266. The firm has a market cap of $7.40 billion, a PE ratio of 47.65, a price-to-earnings-growth ratio of 0.45 and a beta of 1.16. Omron has a one year low of $23.23 and a one year high of $40.76. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37. The business has a fifty day simple moving average of $31.16 and a 200 day simple moving average of $28.50.

Institutional Inflows and Outflows

A hedge fund recently raised its stake 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 disclosure with the Securities and Exchange Commission. 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 at the end of the most recent quarter. 1.09% of the stock is owned by hedge funds and other institutional investors.

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.