Stanley Electric Co., Ltd. (OTCMKTS:STAEF) Short Interest Down 50.0% in August

Stanley Electric Co., Ltd. (OTCMKTS:STAEF) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 9,200 shares, a drop of 50.0% from the August 15th total of 18,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 92.0 days.

Stanley Electric Price Performance

STAEF remained flat at $16.98 during trading on Friday. Stanley Electric has a twelve month low of $16.98 and a twelve month high of $16.98. The stock has a 50 day simple moving average of $17.99 and a 200 day simple moving average of $18.18.

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.