Omron Corp. (OTCMKTS:OMRNY) Short Interest Update

Omron Corp. (OTCMKTS:OMRNY) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 43,288 shares, a growth of 188.8% from the May 14th total of 14,989 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 74,674 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Ratings Changes

Separately, Zacks Research cut Omron from a “hold” rating to a “strong sell” rating in a research note on Thursday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Omron Stock Down 3.5%

OMRNY stock opened at $34.52 on Friday. The business’s fifty day moving average price is $34.18 and its two-hundred day moving average price is $29.93. The stock has a market capitalization of $6.79 billion, a price-to-earnings ratio of 36.34, a PEG ratio of 0.42 and a beta of 1.15. Omron has a fifty-two week low of $23.23 and a fifty-two week high of $40.76. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37.

Institutional Investors Weigh In On Omron

An institutional investor recently raised its position in Omron stock. GAMMA Investing LLC grew its position in Omron Corp. (OTCMKTS:OMRNY) by 50.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,129 shares of the company’s stock after buying an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent SEC filing. 1.09% of the stock is owned by hedge funds and other institutional investors.

Omron Company Profile

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.