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

Alps Alpine Co., Ltd. (OTCMKTS:APELY) saw a significant decline in short interest in June. As of June 30th, there was short interest totalling 200 shares, a decline of 97.4% from the June 15th total of 7,600 shares. Based on an average daily volume of 6,100 shares, the days-to-cover ratio is currently 0.0 days.

Alps Alpine Stock Up 5.7 %

Shares of OTCMKTS APELY traded up $1.07 during midday trading on Friday, hitting $19.90. 458 shares of the company’s stock were exchanged, compared to its average volume of 2,575. Alps Alpine has a 12-month low of $13.45 and a 12-month high of $20.90. The business’s fifty day moving average price is $19.14 and its two-hundred day moving average price is $17.04.

About Alps Alpine

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.