Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Large Increase in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 7,600 shares, an increase of 2,433.3% from the May 31st total of 300 shares. Based on an average trading volume of 35,300 shares, the days-to-cover ratio is presently 0.2 days.

Alps Alpine Stock Performance

Shares of OTCMKTS APELY opened at $19.00 on Friday. Alps Alpine has a fifty-two week low of $13.45 and a fifty-two week high of $20.90. The firm’s 50-day simple moving average is $18.94 and its 200 day simple moving average is $16.92. The company has a quick ratio of 1.13, a current ratio of 1.75 and a debt-to-equity ratio of 0.11.

About Alps Alpine

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company's products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.