Yamaha Co. (OTCMKTS:YAMCY) Short Interest Up 69.7% in June

Yamaha Co. (OTCMKTS:YAMCY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 112 shares, an increase of 69.7% from the May 31st total of 66 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 839 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Yamaha to a “hold” rating in a report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Yamaha currently has an average rating of “Hold”.

Yamaha Stock Performance

Shares of YAMCY opened at $6.64 on Thursday. The company has a market cap of $3.07 billion and a price-to-earnings ratio of 0.06. The stock has a fifty day moving average price of $7.07 and a two-hundred day moving average price of $7.18. Yamaha has a 52-week low of $6.33 and a 52-week high of $7.95.

Yamaha Company Profile

Yamaha Motor Co, Ltd., founded in 1955 as a spin-off from Yamaha Corporation, is a Japanese manufacturer specializing in a diverse range of mobility and power products. Headquartered in Iwata, Shizuoka Prefecture, the company initially gained recognition for its 125cc two-stroke motorcycle before expanding into marine engines and general-purpose power units. Over the decades, Yamaha Motor has built a reputation for engineering innovation, high-performance design and reliable manufacturing processes.

The company’s core product portfolio encompasses motorcycles, scooters and off-road vehicles, including ATVs, side-by-sides and snowmobiles.