DENSO Co. (OTCMKTS:DNZOY) Sees Significant Increase in Short Interest

DENSO Co. (OTCMKTS:DNZOY) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 33,400 shares, a growth of 357.5% from the September 15th total of 7,300 shares. Based on an average daily volume of 217,800 shares, the days-to-cover ratio is presently 0.2 days.

DENSO Trading Down 0.1 %

OTCMKTS DNZOY traded down $0.02 on Friday, hitting $14.39. 107,800 shares of the company’s stock were exchanged, compared to its average volume of 85,940. DENSO has a 52 week low of $13.64 and a 52 week high of $19.74. The stock has a 50-day moving average of $14.78 and a 200-day moving average of $16.04. The company has a quick ratio of 1.24, a current ratio of 1.79 and a debt-to-equity ratio of 0.09.

DENSO (OTCMKTS:DNZOY) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.21 earnings per share for the quarter. The company had revenue of $11.25 billion during the quarter. On average, analysts expect that DENSO will post 1.27 EPS for the current fiscal year.

DENSO Company Profile

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.