TDK Corp. (OTCMKTS:TTDKY – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 32,474 shares, an increase of 144.8% from the September 15th total of 13,264 shares. Based on an average trading volume of 233,971 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
TDK Trading Down 2.3%
OTCMKTS TTDKY opened at $19.89 on Wednesday. The firm has a market cap of $38.66 billion, a PE ratio of 29.93, a price-to-earnings-growth ratio of 1.02 and a beta of 1.36. TDK has a 1-year low of $11.91 and a 1-year high of $26.73. The stock has a 50-day moving average of $19.28 and a 200-day moving average of $19.39. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 0.15.
TDK Company Profile
TDK Corporation is a Japan-based electronics company that develops and manufactures electronic components, materials, and systems. Founded in 1935 as Tokyo Denki Kagaku Kogyo K.K., the company was established to commercialize ferrite, a magnetic material developed by Japanese researchers. TDK has since expanded into a global supplier serving the automotive, information and communications technology, consumer electronics, and industrial markets.
The company’s products include ceramic and aluminum capacitors, inductors, transformers, power supplies, sensors, magnetic components, and electronic modules.
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