Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Down 82.7% in August

Yaskawa Electric Corp. (OTCMKTS:YASKY) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 310 shares, a decline of 82.7% from the August 15th total of 1,797 shares. Based on an average daily volume of 14,808 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Yaskawa Electric Stock Performance

OTCMKTS YASKY opened at $56.19 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 2.25. The company has a fifty day moving average of $65.56 and a 200-day moving average of $69.99. Yaskawa Electric has a 52-week low of $40.82 and a 52-week high of $96.17. The company has a market capitalization of $7.29 billion, a P/E ratio of 33.05 and a beta of 1.47.

Yaskawa Electric (OTCMKTS:YASKY) last posted its quarterly earnings data on Friday, July 10th. The technology company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $875.77 million during the quarter. Yaskawa Electric had a return on equity of 7.00% and a net margin of 6.11%.

Yaskawa Electric Company Profile

Yaskawa Electric Corporation is a Japan-based industrial technology company that develops products and systems for factory automation, motion control, and robotics. Founded in 1915, the company is headquartered in Kitakyushu, Japan, and serves manufacturers and other industrial customers worldwide.

Its products include AC drives, servo motors and controllers, motion-control systems, industrial robots, and related automation equipment. Yaskawa also provides robotic systems and production solutions for applications such as welding, assembly, material handling, painting, and semiconductor manufacturing.