Alps Alpine Co., Ltd. (OTCMKTS:APELY) Short Interest Down 66.7% in September

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 2,200 shares, a drop of 66.7% from the September 15th total of 6,600 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is currently 0.1 days.

Alps Alpine Price Performance

APELY opened at $20.75 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.98 and a quick ratio of 1.32. Alps Alpine has a 1 year low of $13.45 and a 1 year high of $23.50. The company’s 50 day simple moving average is $20.76 and its 200 day simple moving average is $19.25.

About Alps Alpine

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company’s products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.