OMRON CORPORATION ORDINARY SHARES JAPAN (OTCMKTS:OMRNF) Shorted Shares Increased 3.88% After Market Selling

October 11, 2018 - By Peter Erickson

OMRON Corporation (OTCMKTS:OMRNF) Logo

The stock of OMRON CORPORATION ORDINARY SHARES JAPAN (OTCMKTS:OMRNF) registered an increase of 3.88% in short interest. OMRNF’s total short interest was 651,300 shares in October as published by FINRA. Its up 3.88% from 627,000 shares, reported previously. With 700 shares average volume, it will take short sellers 930 days to cover their OMRNF’s short positions.

It closed at $41.07 lastly. It is down 0.00% since October 11, 2017 and is . It has underperformed by 15.62% the S&P500.

OMRON Corporation manufactures and sells sensing and control products worldwide. The company has market cap of $8.39 billion. The firm operates through Industrial Automation Business; Electronic and Mechanical Components Business; Automotive Electronic Components Business; Social Systems, Solutions, and Service Business; Healthcare Business; and Other Business divisions. It has a 15.38 P/E ratio. The Industrial Automation Business segment offers control equipment for factory automation, including vision and fiber sensors; temperature, programmable, motion, and safety controllers; inverters; servomotors and servo drivers; and switches, safety light curtains, and parallel robots.

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