Omron Corp. (OTCMKTS:OMRNY) Sees Large Decline in Short Interest

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

Omron Trading Up 1.4%

OMRNY stock traded up $0.51 during midday trading on Friday, hitting $36.22. 78,190 shares of the company’s stock were exchanged, compared to its average volume of 45,041. The business has a 50-day simple moving average of $32.46 and a two-hundred day simple moving average of $29.09. The company has a current ratio of 2.11, a quick ratio of 1.37 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $7.12 billion, a PE ratio of 38.12, a P/E/G ratio of 0.76 and a beta of 1.16. Omron has a 1-year low of $23.23 and a 1-year high of $40.76.

Institutional Investors Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC increased its stake in shares of Omron Corp. (OTCMKTS:OMRNYFree Report) by 50.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,129 shares of the company’s stock after purchasing 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

(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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