OMRON Co. (OTCMKTS:OMRNY) Sees Significant Drop in Short Interest

OMRON Co. (OTCMKTS:OMRNY) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 8,700 shares, a decline of 35.1% from the March 15th total of 13,400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 76,800 shares, the short-interest ratio is currently 0.1 days.

OMRON Stock Up 2.7 %

Shares of OTCMKTS OMRNY opened at $29.81 on Friday. The business has a 50-day moving average price of $29.38 and a 200 day moving average price of $33.22. The stock has a market cap of $6.15 billion, a PE ratio of 110.41 and a beta of 1.16. The company has a quick ratio of 1.45, a current ratio of 2.20 and a debt-to-equity ratio of 0.11. OMRON has a 52-week low of $25.08 and a 52-week high of $47.75.

OMRON (OTCMKTS:OMRNY) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.35 earnings per share for the quarter. OMRON had a return on equity of 0.81% and a net margin of 0.98%. Equities research analysts forecast that OMRON will post 0.42 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in OMRON stock. GAMMA Investing LLC boosted its stake in OMRON Co. (OTCMKTS:OMRNY) by 831.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,946 shares of the company’s stock after acquiring an additional 13,342 shares during the period. GAMMA Investing LLC’s holdings in OMRON were worth $421,000 as of its most recent SEC filing. 1.09% of the stock is owned by institutional investors.

OMRON Company Profile

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.