YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Significant Increase in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 30,300 shares, an increase of 352.2% from the December 31st total of 6,700 shares. Based on an average daily trading volume, of 86,600 shares, the days-to-cover ratio is presently 0.3 days.

YASKAWA Electric Stock Performance

Shares of YASKY stock opened at $58.97 on Thursday. The company has a quick ratio of 1.32, a current ratio of 2.41 and a debt-to-equity ratio of 0.14. The company has a market cap of $7.65 billion, a price-to-earnings ratio of 18.60 and a beta of 1.07. The firm has a 50 day moving average of $53.50 and a 200-day moving average of $59.62. YASKAWA Electric has a 52 week low of $49.22 and a 52 week high of $92.51.

YASKAWA Electric (OTCMKTS:YASKY) last issued its earnings results on Friday, January 10th. The technology company reported $1.45 earnings per share (EPS) for the quarter. YASKAWA Electric had a return on equity of 14.92% and a net margin of 11.36%. On average, equities analysts forecast that YASKAWA Electric will post 3.02 earnings per share for the current year.

About YASKAWA Electric

YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.