Omron Corp. (OTCMKTS:OMRNY – Get Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 43,288 shares, a growth of 188.8% from the May 14th total of 14,989 shares. Based on an average trading volume of 74,674 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are short sold.
Omron Stock Up 3.6%
Shares of OMRNY stock opened at $35.79 on Friday. The stock’s 50 day simple moving average is $34.08 and its 200 day simple moving average is $29.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.37 and a current ratio of 2.11. Omron has a twelve month low of $23.23 and a twelve month high of $40.76. The company has a market capitalization of $7.04 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 0.42 and a beta of 1.15.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC lifted its stake in Omron Corp. (OTCMKTS:OMRNY – Free Report) by 50.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,129 shares of the company’s stock after acquiring an additional 716 shares during the period. GAMMA Investing LLC’s holdings in Omron were worth $54,000 at the end of the most recent reporting period. 1.09% of the stock is currently owned by 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.
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