YASKAWA Electric Co. (OTCMKTS:YASKY) Sees Large Drop in Short Interest

YASKAWA Electric Co. (OTCMKTS:YASKY - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 8,700 shares, a decrease of 83.3% from the January 15th total of 52,200 shares. Based on an average daily volume of 39,800 shares, the days-to-cover ratio is currently 0.2 days.

YASKAWA Electric Trading Down 1.8 %

Shares of OTCMKTS YASKY traded down $1.01 during midday trading on Friday, reaching $54.73. 8,146 shares of the stock were exchanged, compared to its average volume of 21,152. YASKAWA Electric has a 52-week low of $49.22 and a 52-week high of $92.51. The company has a market capitalization of $7.10 billion, a P/E ratio of 17.00 and a beta of 1.07. The stock has a 50 day moving average price of $54.11 and a 200-day moving average price of $58.59. The company has a current ratio of 2.41, a quick ratio of 1.27 and a debt-to-equity ratio of 0.14.

YASKAWA Electric (OTCMKTS:YASKY - Get Free Report) last announced 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%. Equities research analysts expect that YASKAWA Electric will post 3.02 earnings per share for the current fiscal 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.