Yamaha Co. (OTCMKTS:YAMCY) Sees Large Growth in Short Interest

Yamaha Co. (OTCMKTS:YAMCYGet Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 21,500 shares, an increase of 28.0% from the May 15th total of 16,800 shares. Based on an average trading volume of 213,800 shares, the short-interest ratio is presently 0.1 days.

Yamaha Trading Up 1.3 %

Shares of YAMCY stock opened at $23.50 on Friday. The firm has a fifty day moving average price of $22.08 and a 200 day moving average price of $22.14. Yamaha has a 12 month low of $20.38 and a 12 month high of $41.84.

About Yamaha

(Get Free Report)

Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other businesses in Japan and internationally. It manufactures and sells pianos; guitars; keyboards; strings; basses and amps; brass and woodwinds; marching instruments; drums; percussion instruments; music production tools; audio and visual products; and professional audio equipment under the Bösendorfer, Steinberg, Line 6, Ampeg, and Nexo brands.

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