Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) Short Interest Up 8.8% in October

Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 807,000 shares, an increase of 8.8% from the September 30th total of 741,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Harmonic Drive Systems Price Performance

Shares of OTCMKTS:HSYDF remained flat at $18.60 on Wednesday. Harmonic Drive Systems has a 1-year low of $18.60 and a 1-year high of $21.90. The company’s 50-day simple moving average is $22.68 and its 200 day simple moving average is $25.38.

Harmonic Drive Systems Company Profile

Harmonic Drive Systems Inc produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as otors, sensors, drivers, controllers, and other system elements. The company also provides HarmonicDrive, a speed reducer for space; high-precision planetary speed reducers under the AccuDrive and Harmonic Planetary brands; and high-performance gear heads for servo motors series.