Short Interest in YASKAWA Electric Co. (OTCMKTS:YASKY) Increases By 352.2%

YASKAWA Electric Co. (OTCMKTS:YASKY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 30,300 shares, a growth of 352.2% from the December 31st total of 6,700 shares. Based on an average daily trading volume, of 86,600 shares, the days-to-cover ratio is presently 0.3 days.

YASKAWA Electric Stock Performance

Shares of OTCMKTS:YASKY opened at $60.75 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.32. The business’s 50 day moving average price is $53.38 and its 200-day moving average price is $59.62. The firm has a market capitalization of $7.88 billion, a PE ratio of 19.16 and a beta of 1.07. YASKAWA Electric has a 1 year low of $49.22 and a 1 year high of $92.51.

YASKAWA Electric (OTCMKTS:YASKY) last issued its quarterly earnings results on Friday, January 10th. The technology company reported $1.45 earnings per share (EPS) for the quarter. YASKAWA Electric had a return on equity of 14.92% and a net margin of 11.36%. As a group, equities research analysts expect that YASKAWA Electric will post 3.02 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.