Short Interest in Omron Corp. (OTCMKTS:OMRNY) Increases By 334.9%

Omron Corp. (OTCMKTS:OMRNYGet Free Report) 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. Based on an average trading volume of 58,104 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s stock are sold short.

Omron Stock Performance

Omron stock opened at $38.87 on Wednesday. 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 company has a market capitalization of $7.64 billion, a P/E ratio of 49.20, a PEG ratio of 0.46 and a beta of 1.16. The stock’s 50 day moving average is $31.08 and its 200 day moving average is $28.43. Omron has a twelve month low of $23.23 and a twelve month high of $40.76.

Institutional Trading of Omron

A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC increased its stake in Omron Corp. (OTCMKTS:OMRNYFree Report) by 50.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,129 shares of the company’s stock after buying an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 1.09% of the company’s stock.

Analyst Ratings Changes

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

Read Our Latest Research Report on OMRNY

About Omron

(Get Free Report)

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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