Stanley Electric Co., Ltd. (OTCMKTS:STAEF – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 559,420 shares, a drop of 41.2% from the August 15th total of 951,333 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Stanley Electric Stock Performance
OTCMKTS STAEF remained flat at $20.36 during mid-day trading on Thursday. The business has a 50 day simple moving average of $20.36 and a two-hundred day simple moving average of $20.36. Stanley Electric has a fifty-two week low of $20.20 and a fifty-two week high of $21.93.
About Stanley Electric
Stanley Electric Co, Ltd. is a Japan-based manufacturer specializing in automotive lighting equipment and electronic components. Founded in 1920 in Higashiōsaka, the company has built a reputation for producing high-quality headlamps, signal lamps and tail lamps for a range of vehicle models. Over the decades, Stanley has expanded its product portfolio to include LED lighting modules, camera and sensor housings, and customized illumination solutions for both original equipment manufacturers (OEMs) and the automotive aftermarket.
In addition to its core automotive lighting business, Stanley Electric offers a variety of general illumination products and industrial lighting systems.
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