Short Interest in Keyence Corporation (OTCMKTS:KYCCF) Expands By 52.2%

Keyence Corporation (OTCMKTS:KYCCFGet Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 527,831 shares, an increase of 52.2% from the July 15th total of 346,886 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 6,320 shares, the days-to-cover ratio is currently 83.5 days.

Analyst Upgrades and Downgrades

KYCCF has been the topic of several research reports. The Goldman Sachs Group raised Keyence from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. Erste Group Bank raised shares of Keyence to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Zacks Research upgraded shares of Keyence to a “hold” rating in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

View Our Latest Research Report on KYCCF

Keyence Stock Down 2.9%

Shares of OTCMKTS KYCCF traded down $15.98 during midday trading on Tuesday, reaching $528.52. The company’s stock had a trading volume of 574 shares, compared to its average volume of 4,390. The business’s 50 day moving average price is $489.68 and its two-hundred day moving average price is $442.01. Keyence has a fifty-two week low of $316.20 and a fifty-two week high of $581.60.

Keyence Company Profile

(Get Free Report)

Keyence Corporation, established in 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, is a leading developer and manufacturer of automation and inspection equipment. The company focuses on delivering advanced technologies that improve manufacturing efficiency and quality control for a broad range of industries, including automotive, electronics, pharmaceuticals, food and beverage, and packaging.

Keyence’s product portfolio encompasses a variety of sensors, vision systems, laser markers, digital microscopes and measuring instruments.

See Also

Receive News & Ratings for Keyence Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keyence and related companies with MarketBeat.com's FREE daily email newsletter.