Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,141 shares, a growth of 196.2% from the August 15th total of 1,398 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 14,114 shares, the short-interest ratio is presently 0.3 days.
Yamaha Stock Performance
Shares of Yamaha stock opened at $8.03 on Monday. The firm’s 50-day simple moving average is $7.99 and its 200-day simple moving average is $7.44. Yamaha has a twelve month low of $6.33 and a twelve month high of $8.80.
About Yamaha
Yamaha Corporation is a Japan-based manufacturer of musical instruments and audio equipment. Its products include pianos and other keyboard instruments, guitars, drums, brass and woodwind instruments, orchestral instruments, and digital music products. The company also provides professional and consumer audio equipment, including mixing consoles, speakers, amplifiers, and related sound-processing systems.
Founded in 1887 by Torakusu Yamaha and incorporated as Nippon Gakki Co, Ltd. in 1897, the company adopted the Yamaha Corporation name in 1987.
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