Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Down 82.7% in August

Yaskawa Electric Corp. (OTCMKTS:YASKY) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 310 shares, a decrease of 82.7% from the August 15th total of 1,797 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,808 shares, the short-interest ratio is presently 0.0 days.

Yaskawa Electric Trading Up 0.6%

Shares of OTCMKTS:YASKY traded up $0.32 during midday trading on Friday, hitting $56.51. 7,372 shares of the stock were exchanged, compared to its average volume of 8,483. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 2.25. Yaskawa Electric has a 12 month low of $40.82 and a 12 month high of $96.17. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of 33.24 and a beta of 1.47. The business’s 50-day moving average price is $64.98 and its 200 day moving average price is $69.90.

Yaskawa Electric (OTCMKTS:YASKY) last announced its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share (EPS) for the quarter. The business had revenue of $875.77 million during the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.

About Yaskawa Electric

Yaskawa Electric Corporation is a Japan-based industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.