Short Interest in YASKAWA Electric Co. (OTCMKTS:YASKY) Decreases By 60.7%

YASKAWA Electric Co. (OTCMKTS:YASKY) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 2,400 shares, a drop of 60.7% from the October 15th total of 6,100 shares. Based on an average daily volume of 40,900 shares, the days-to-cover ratio is currently 0.1 days.

YASKAWA Electric Trading Down 2.4 %

OTCMKTS YASKY opened at $53.60 on Friday. The business has a 50 day simple moving average of $61.59 and a two-hundred day simple moving average of $68.93. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.32 and a current ratio of 2.44. YASKAWA Electric has a 1-year low of $53.60 and a 1-year high of $92.51.

YASKAWA Electric (OTCMKTS:YASKY) last released its quarterly earnings results on Friday, October 4th. The technology company reported $0.43 earnings per share for the quarter. The business had revenue of $840.09 million during the quarter. YASKAWA Electric had a return on equity of 10.90% and a net margin of 8.11%. On average, sell-side analysts anticipate that YASKAWA Electric will post 3.26 earnings per share for the current fiscal year.

About YASKAWA Electric

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.