TDK Corp. (OTCMKTS:TTDKY – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 32,474 shares, a growth of 144.8% from the September 15th total of 13,264 shares. Based on an average trading volume of 233,971 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
TDK Stock Performance
OTCMKTS TTDKY opened at $19.41 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.47 and a quick ratio of 1.11. The company has a market cap of $37.72 billion, a P/E ratio of 28.54, a P/E/G ratio of 0.99 and a beta of 1.36. The stock has a 50-day moving average of $19.27 and a two-hundred day moving average of $19.43. TDK has a 1-year low of $11.91 and a 1-year high of $26.73.
About TDK
TDK Corporation is a Japan-based electronics company that develops and manufactures electronic components, materials, and systems. Founded in 1935 as Tokyo Denki Kagaku Kogyo K.K., the company was established to commercialize ferrite, a magnetic material developed by Japanese researchers. TDK has since expanded into a global supplier serving the automotive, information and communications technology, consumer electronics, and industrial markets.
The company’s products include ceramic and aluminum capacitors, inductors, transformers, power supplies, sensors, magnetic components, and electronic modules.
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