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 September. As of September 15th, there was short interest totalling 6,600 shares, an increase of 53.5% from the August 31st total of 4,300 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 2.8 days.

Alps Alpine Price Performance

APELY stock traded down $0.05 during trading on Friday, hitting $22.00. The company had a trading volume of 3,728 shares, compared to its average volume of 4,148. The company has a fifty day moving average price of $20.55 and a two-hundred day moving average price of $18.87. Alps Alpine has a fifty-two week low of $13.45 and a fifty-two week high of $23.50. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.98 and a quick ratio of 1.32.

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.