Short Interest in Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) Drops By 66.7%

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 200 shares, a decrease of 66.7% from the June 30th total of 600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 0.1 days.

Aisin Seiki Stock Up 8.7%

OTCMKTS ASEKY opened at $13.44 on Thursday. The company has a current ratio of 1.59, a quick ratio of 1.13 and a debt-to-equity ratio of 0.24. Aisin Seiki has a 12 month low of $8.54 and a 12 month high of $13.55. The stock’s 50 day moving average is $12.57 and its 200 day moving average is $11.65. The stock has a market cap of $10.20 billion, a PE ratio of 23.32 and a beta of 0.42.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Aisin Seiki to a “hold” rating in a research report on Monday, April 14th.

Aisin Seiki Company Profile

Aisin Corporation manufactures and sells automotive parts, and energy and lifestyle related products. It provides powertrain products comprising 1 motor hybrid transmission and eaxle products; chassis and vehicle safety systems, such as automated parking systems and electronically controlled brake systems; power sliding door systems and sunroof products; connected and sharing solutions; and repair and maintenance products.