Omron Corp. (OTCMKTS:OMRNY) Short Interest Update

Omron Corp. (OTCMKTS:OMRNY) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 32,332 shares, an increase of 249.5% from the June 15th total of 9,250 shares. Based on an average daily trading volume, of 281,273 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Omron Stock Up 0.4%

Shares of OTCMKTS:OMRNY traded up $0.15 during trading on Tuesday, reaching $34.77. 10,313 shares of the stock traded hands, compared to its average volume of 58,813. The stock has a 50-day moving average of $36.26 and a two-hundred day moving average of $31.49. Omron has a 52-week low of $23.23 and a 52-week high of $40.76. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.41 and a current ratio of 1.83. The stock has a market cap of $6.84 billion, a P/E ratio of 36.60, a price-to-earnings-growth ratio of 0.46 and a beta of 1.14.

Analysts Set New Price Targets

OMRNY has been the topic of several analyst reports. Jefferies Financial Group downgraded Omron from a “buy” rating to a “hold” rating in a report on Tuesday, June 16th. Zacks Research downgraded Omron from a “hold” rating to a “strong sell” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Omron stock. GAMMA Investing LLC increased its holdings in shares of Omron Corp. (OTCMKTS:OMRNY) by 50.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,129 shares of the company’s stock after purchasing an additional 716 shares during the quarter. GAMMA Investing LLC’s holdings in Omron were worth $54,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 1.09% of the company’s stock.

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.