Stanley Electric Co., Ltd. (OTCMKTS:STAEF) Sees Significant Increase in Short Interest

Stanley Electric Co., Ltd. (OTCMKTS:STAEF) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 517,800 shares, a growth of 309.7% from the September 30th total of 126,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 5,178.0 days.

Stanley Electric Stock Performance

Shares of STAEF stock remained flat at $15.06 during mid-day trading on Friday. Stanley Electric has a 52-week low of $15.06 and a 52-week high of $20.00. The company has a fifty day moving average price of $17.53 and a 200-day moving average price of $18.02.

About Stanley Electric

Stanley Electric Co, Ltd., together with its subsidiaries, manufacture, sells, and import/export of automotive and other light bulbs in Japan and internationally. It offers automotive equipment, such as LED and headlamps; rear combination, turn signal, tail, stop, and fog lamps; sensors; automotive LED and light bulbs; electronic products; audio/air-conditioner panels; auto-leveling units; and other accessories and devices.