YASKAWA Electric Co. (OTCMKTS:YASKY) Short Interest Down 83.3% in November

YASKAWA Electric Co. (OTCMKTS:YASKY) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 400 shares, a drop of 83.3% from the October 31st total of 2,400 shares. Based on an average daily volume of 56,900 shares, the days-to-cover ratio is presently 0.0 days.

YASKAWA Electric Price Performance

YASKAWA Electric stock traded up $0.19 during midday trading on Wednesday, reaching $53.60. The stock had a trading volume of 25,719 shares, compared to its average volume of 29,980. The firm’s fifty day simple moving average is $60.08 and its 200-day simple moving average is $66.89. YASKAWA Electric has a 1-year low of $51.50 and a 1-year high of $92.51. The company has a quick ratio of 1.32, a current ratio of 2.44 and a debt-to-equity ratio of 0.14.

YASKAWA Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, October 4th. The technology company reported $0.43 earnings per share (EPS) for the quarter. The business had revenue of $840.09 million for the quarter. YASKAWA Electric had a return on equity of 10.90% and a net margin of 8.11%. Research analysts forecast that YASKAWA Electric will post 3.26 EPS for the current fiscal year.

About YASKAWA Electric

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.