Stanley Electric Co., Ltd. (OTCMKTS:STAEF) Short Interest Update

Stanley Electric Co., Ltd. (OTCMKTS:STAEF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 873,667 shares, an increase of 56.2% from the August 31st total of 559,420 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Stanley Electric Stock Performance

STAEF opened at $20.36 on Friday. The business has a fifty day simple moving average of $20.36 and a 200 day simple moving average of $20.36. Stanley Electric has a 1 year low of $20.20 and a 1 year high of $21.93.

Stanley Electric Company Profile

Stanley Electric Co, Ltd. is a Japan-based manufacturer of automotive lighting and electronic components. The company develops and supplies products such as headlamps, rear combination lamps, fog lamps, adaptive lighting systems and other illumination equipment for vehicle manufacturers and suppliers.

Its broader product portfolio includes light-emitting diodes (LEDs), displays, optical and electronic devices, sensors, industrial lighting equipment and ultraviolet-related products. Stanley Electric serves automotive, electronics, industrial and other commercial markets, with its technologies used in vehicle lighting, information displays and various sensing and illumination applications.

Founded in 1920 and headquartered in Tokyo, Stanley Electric has expanded its operations beyond Japan through manufacturing, research and sales activities in Asia, North America, Europe and other international markets.