Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) Sees Significant Drop in Short Interest

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF - Get Free Report) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 6,747,600 shares, a drop of 16.6% from the November 15th total of 8,093,900 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is currently 642.6 days.

Yamaha Motor Stock Performance

Shares of OTCMKTS YAMHF remained flat at $8.82 during mid-day trading on Friday. 83 shares of the stock traded hands, compared to its average volume of 2,376. Yamaha Motor has a 12 month low of $7.30 and a 12 month high of $10.23. The firm's fifty day moving average price is $8.68 and its two-hundred day moving average price is $8.88. The company has a current ratio of 1.56, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28.

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.