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

DENSO Co. (OTCMKTS:DNZOY) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 40,400 shares, an increase of 21.0% from the September 30th total of 33,400 shares. Based on an average trading volume of 202,900 shares, the short-interest ratio is currently 0.2 days.

DENSO Stock Performance

DENSO stock traded up $0.02 during trading hours on Tuesday, hitting $14.00. The stock had a trading volume of 304,331 shares, compared to its average volume of 91,389. 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 has a 12-month low of $13.64 and a 12-month high of $19.74. The stock’s 50-day moving average price is $14.57 and its 200-day moving average price is $15.58.

DENSO (OTCMKTS:DNZOY) last issued its earnings results on Wednesday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $11.25 billion during the quarter. Equities analysts predict that DENSO will post 1.27 EPS for the current 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.