Short Interest in Aisin Co. (OTCMKTS:ASEKY) Declines By 50.0%

Aisin Co. (OTCMKTS:ASEKY - Get Free Report) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 200 shares, a drop of 50.0% from the March 15th total of 400 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 0.7 days.

Aisin Stock Performance

ASEKY stock traded up $1.40 during trading on Thursday, hitting $39.80. 388 shares of the company traded hands, compared to its average volume of 1,814. The stock's 50-day simple moving average is $38.14 and its 200 day simple moving average is $37.18. The company has a market cap of $10.73 billion, a PE ratio of 18.26 and a beta of 0.74. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.65 and a quick ratio of 1.17. Aisin has a 1 year low of $26.78 and a 1 year high of $40.70.

Aisin (OTCMKTS:ASEKY - Get Free Report) last announced its quarterly earnings results on Friday, February 2nd. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.90 by ($0.96). Aisin had a net margin of 1.68% and a return on equity of 3.90%. The business had revenue of $8.63 billion during the quarter. On average, equities analysts expect that Aisin will post 2.27 earnings per share for the current fiscal year.

About Aisin

Aisin Corporation manufactures and sells automotive parts, and energy and lifestyle related products. It provides powertrain products comprising 1 motor hybrid transmission and eaxle products; chassis and vehicle safety systems, such as automated parking systems and electronically controlled brake systems; power sliding door systems and sunroof products; connected and sharing solutions; and repair and maintenance products.