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Short Interest in Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) Expands By 1,100.0%

Aisin Seiki logo with Auto/Tires/Trucks background

Key Points

  • Short interest in Aisin Seiki Co. Ltd. increased dramatically by 1,100.0% in July, reaching a total of 2,400 shares shorted, suggesting heightened investor speculation.
  • Aisin Seiki's stock price remained flat at $15.40, with a market capitalization of $11.69 billion and a P/E ratio of 29.06.
  • The company reported earnings per share of $0.36 for the last quarter, outperforming the consensus estimate of $0.24 significantly.
  • Want stock alerts on Aisin Seiki? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY - Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 2,400 shares, anincreaseof1,100.0% from the July 15th total of 200 shares. Approximately0.0% of the shares of the company are short sold. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 1.5 days. Approximately0.0% of the shares of the company are short sold.

Aisin Seiki Price Performance

Aisin Seiki stock remained flat at $15.40 during trading on Thursday. The stock has a 50 day simple moving average of $13.01 and a 200 day simple moving average of $11.94. Aisin Seiki has a 1-year low of $8.54 and a 1-year high of $15.40. The company has a market cap of $11.69 billion, a P/E ratio of 29.06 and a beta of 0.43. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.59 and a quick ratio of 1.13.

Aisin Seiki (OTCMKTS:ASEKY - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.12. The firm had revenue of $8.19 billion for the quarter, compared to analyst estimates of $1,240.13 billion. Sell-side analysts forecast that Aisin Seiki will post 0.89 EPS for the current year.

About Aisin Seiki

(Get Free Report)

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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