Short Interest in Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) Drops By 54.2%

Key Points

• Short interest in Aisin Seiki Co. Ltd. dropped by 54.2% in August, with total shares short falling to 1,100 from 2,400 in July.
• The company's earnings per share (EPS) for the last quarter was $0.36, exceeding expectations of $0.24.
• Aisin Seiki's stock opened at $16.85, with a market capitalization of $12.79 billion and a PE ratio of 31.78.

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report) saw a significant decline in short interest in August. As of August 15th, there was short interest totaling 1,100 shares, adeclineof54.2% from the July 31st total of 2,400 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 2.8 days. Based on an average trading volume of 400 shares, the short-interest ratio is currently 2.8 days.

Aisin Seiki Stock Performance

Shares of Aisin Seiki stock opened at $16.85 on Friday. The company has a market cap of $12.79 billion, a PE ratio of 31.78 and a beta of 0.37. Aisin Seiki has a 52 week low of $8.54 and a 52 week high of $16.85. The business has a 50 day moving average price of $14.13 and a 200-day moving average price of $12.50. The company has a quick ratio of 1.13, a current ratio of 1.59 and a debt-to-equity ratio of 0.24.

Aisin Seiki (OTCMKTS:ASEKY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.12. The firm had revenue of $8.19 billion during the quarter, compared to the consensus estimate of $1,240.13 billion. Equities analysts anticipate that Aisin Seiki will post 0.89 earnings per share for the current fiscal year.

About Aisin Seiki

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.

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