Yaskawa Electric Corp. (OTCMKTS:YASKY) Shares Shorted: Short Interest Up 95.3% in September

Yaskawa Electric Corp. (OTCMKTS:YASKY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 705 shares, a growth of 95.3% from the September 15th total of 361 shares. Based on an average daily volume of 25,992 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Yaskawa Electric Stock Down 5.3%

OTCMKTS YASKY opened at $58.10 on Thursday. The company has a market cap of $7.53 billion, a price-to-earnings ratio of 34.84 and a beta of 1.51. The company has a current ratio of 2.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The company has a 50 day moving average of $60.61 and a 200-day moving average of $69.75. Yaskawa Electric has a 1-year low of $46.32 and a 1-year high of $96.17.

Yaskawa Electric (OTCMKTS:YASKY) last released its earnings results on Friday, October 9th. The technology company reported $0.65 earnings per share for the quarter. The firm had revenue of $912.69 million during the quarter. Yaskawa Electric had a return on equity of 7.20% and a net margin of 6.32%.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japanese industrial technology company that develops and manufactures automation and motion-control equipment. Founded in 1915 and headquartered in Kitakyushu, Japan, the company serves manufacturers and industrial customers worldwide.

Its products include AC drives, servo motors, motion controllers, industrial robots and robotic systems. Yaskawa’s robotics portfolio supports applications such as welding, assembly, material handling, painting, packaging and other factory-automation processes.