Short Interest in DENSO Co. (OTCMKTS:DNZOY) Expands By 357.5%

DENSO Co. (OTCMKTS:DNZOY) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 33,400 shares, an increase of 357.5% from the September 15th total of 7,300 shares. Based on an average trading volume of 217,800 shares, the short-interest ratio is currently 0.2 days.

DENSO Stock Performance

Shares of DNZOY traded down $0.02 during mid-day trading on Friday, reaching $14.39. The company’s stock had a trading volume of 107,800 shares, compared to its average volume of 85,940. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.24 and a current ratio of 1.79. DENSO has a 1-year low of $13.64 and a 1-year high of $19.74. The business has a 50-day simple moving average of $14.78 and a two-hundred day simple moving average of $16.04.

DENSO (OTCMKTS:DNZOY) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.21 EPS for the quarter. The company had revenue of $11.25 billion during the quarter. As a group, sell-side analysts expect that DENSO will post 1.27 earnings per share for the current fiscal year.

DENSO Company Profile

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.