Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) Sees Large Decrease in Short Interest

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 3,507,500 shares, a drop of 31.0% from the May 31st total of 5,081,400 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 11,691.7 days.

Yamaha Motor Price Performance

YAMHF opened at $9.35 on Friday. The stock’s 50 day moving average price is $9.47 and its 200-day moving average price is $9.27. Yamaha Motor has a 52-week low of $8.01 and a 52-week high of $10.00. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.79 and a quick ratio of 1.09.

Yamaha Motor (OTCMKTS:YAMHF) last issued its quarterly earnings data on Monday, May 13th. The company reported $0.38 earnings per share (EPS) for the quarter. Yamaha Motor had a net margin of 7.93% and a return on equity of 16.52%. The business had revenue of $4.32 billion for the quarter. Analysts forecast that Yamaha Motor will post 1.13 EPS for the current year.

About Yamaha Motor

Yamaha Motor Co, Ltd., together with its subsidiaries, engages in the land mobility, marine products, robotics, and financial services businesses in Japan, North America, Europe, Asia, and internationally. Its Land Mobility segment offers motorcycles, leaning multi-wheelers, all-terrain vehicles, recreational off highway vehicles, snowmobiles, electrically power-assisted bicycles, electric wheelchairs, automobile engines, and automobile components, as well as intermediate parts for products, and knockdown parts.