Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Significant Drop in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totalling 900 shares, a decrease of 59.1% from the September 30th total of 2,200 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is presently 0.4 days.

Alps Alpine Trading Down 0.2 %

Alps Alpine stock traded down $0.03 during mid-day trading on Monday, reaching $19.74. The company had a trading volume of 100 shares, compared to its average volume of 3,895. Alps Alpine has a fifty-two week low of $13.45 and a fifty-two week high of $23.50. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.26 and a current ratio of 1.90. The business has a fifty day simple moving average of $21.02 and a 200 day simple moving average of $19.64.

Alps Alpine Company Profile

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.