Omron Corp. (OTCMKTS:OMRNY – Get Free Report) saw a large decrease in short interest in 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. Based on an average trading volume of 116,983 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Omron Trading Up 1.4%
Shares of Omron stock traded up $0.51 during mid-day trading on Friday, hitting $36.22. The stock had a trading volume of 78,190 shares, compared to its average volume of 45,041. The firm has a 50-day moving average of $32.46 and a two-hundred day moving average of $29.09. Omron has a 12-month low of $23.23 and a 12-month high of $40.76. 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 firm has a market cap of $7.12 billion, a P/E ratio of 38.12, a price-to-earnings-growth ratio of 0.78 and a beta of 1.16.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Omron stock. GAMMA Investing LLC increased its stake in shares of Omron Corp. (OTCMKTS:OMRNY – Free 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 owned by hedge funds and other 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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