Short Interest in DENSO Co. (OTCMKTS:DNZOY) Drops By 79.5%

DENSO Co. (OTCMKTS:DNZOY) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 8,300 shares, a drop of 79.5% from the October 15th total of 40,400 shares. Based on an average daily trading volume, of 346,600 shares, the days-to-cover ratio is presently 0.0 days.

DENSO Stock Down 1.5 %

DNZOY stock traded down $0.23 during trading on Tuesday, hitting $15.00. 197,299 shares of the company’s stock traded hands, compared to its average volume of 92,585. DENSO has a 1 year low of $13.64 and a 1 year high of $19.74. The business has a fifty day simple moving average of $14.44 and a two-hundred day simple moving average of $15.34. The company has a quick ratio of 1.35, a current ratio of 1.91 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $44.93 billion, a P/E ratio of 20.04 and a beta of 1.02.

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.