Short Interest in Alps Alpine Co., Ltd. (OTCMKTS:APELY) Declines By 66.7%

Alps Alpine Co., Ltd. (OTCMKTS:APELY) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 2,200 shares, a decrease of 66.7% from the September 15th total of 6,600 shares. Based on an average trading volume of 17,500 shares, the days-to-cover ratio is presently 0.1 days.

Alps Alpine Price Performance

APELY opened at $20.75 on Friday. Alps Alpine has a 1-year low of $13.45 and a 1-year high of $23.50. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.90 and a quick ratio of 1.26. The business has a 50 day moving average of $20.76 and a 200-day moving average of $19.25.

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.