YASKAWA Electric Co. (OTCMKTS:YASKF) Sees Large Increase in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKF) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 4,647,700 shares, a growth of 30.1% from the March 31st total of 3,572,200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 7,746.2 days.

YASKAWA Electric Trading Down 23.8 %

YASKF opened at $22.00 on Friday. The firm’s fifty day moving average price is $27.65 and its two-hundred day moving average price is $27.99. YASKAWA Electric has a fifty-two week low of $22.00 and a fifty-two week high of $29.71.

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.