Short Interest in Yamaha Co. (OTCMKTS:YAMCY) Increases By 66.7%

Yamaha Co. (OTCMKTS:YAMCY) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,000 shares, a growth of 66.7% from the September 30th total of 600 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 0.2 days.

Yamaha Trading Down 1.1 %

OTCMKTS:YAMCY opened at $8.20 on Friday. The company’s 50-day moving average is $18.73 and its two-hundred day moving average is $20.88. Yamaha has a 1-year low of $6.02 and a 1-year high of $9.16.

About Yamaha

Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other businesses in Japan and internationally. It manufactures and sells pianos; guitars; keyboards; strings; basses and amps; brass and woodwinds; marching instruments; drums; percussion instruments; music production tools; audio and visual products; and professional audio equipment under the Bösendorfer, Steinberg, Line 6, Ampeg, and Nexo brands.