Short Interest in YASKAWA Electric Co. (OTCMKTS:YASKF) Expands By 29.7%

YASKAWA Electric Co. (OTCMKTS:YASKF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,039,100 shares, an increase of 29.7% from the September 30th total of 2,343,600 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 3,798.9 days.

YASKAWA Electric Stock Performance

Shares of OTCMKTS:YASKF opened at $29.30 on Tuesday. YASKAWA Electric has a 52-week low of $29.30 and a 52-week high of $29.30. The company has a fifty day moving average of $36.42 and a 200-day moving average of $38.03.

YASKAWA Electric Company Profile

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.