Short Interest in Yaskawa Electric Corp. (OTCMKTS:YASKY) Decreases By 82.7%

Yaskawa Electric Corp. (OTCMKTS:YASKY) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 310 shares, a drop 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 Price Performance

OTCMKTS YASKY opened at $56.51 on Friday. Yaskawa Electric has a 1 year low of $40.82 and a 1 year high of $96.17. The business’s fifty day moving average is $64.98 and its two-hundred day moving average is $69.90. The stock has a market capitalization of $7.33 billion, a P/E ratio of 33.24 and a beta of 1.47. 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 (OTCMKTS:YASKY) last released its earnings results on Friday, July 10th. The technology company reported $0.26 earnings per share (EPS) for the quarter. Yaskawa Electric had a net margin of 6.11% and a return on equity of 7.00%. The company had revenue of $875.77 million during the quarter.

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.