Yaskawa Electric Corp. (OTCMKTS:YASKY) Short Interest Up 210.5% in August

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totaling 5,900 shares, anincreaseof210.5% from the July 31st total of 1,900 shares. Based on an average daily volume of 28,400 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 28,400 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered shares of Yaskawa Electric from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold".

Yaskawa Electric Stock Up 2.1%

OTCMKTS:YASKY traded up $0.80 on Friday, hitting $39.52. 10,129 shares of the company's stock were exchanged, compared to its average volume of 25,099. The company has a market cap of $5.12 billion, a P/E ratio of 13.96 and a beta of 1.04. The firm has a 50-day moving average price of $41.49 and a 200-day moving average price of $45.20. Yaskawa Electric has a 52 week low of $36.11 and a 52 week high of $70.71. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.24 and a quick ratio of 1.22.

Yaskawa Electric (OTCMKTS:YASKY - Get Free Report) last released its quarterly earnings data on Friday, July 4th. The technology company reported $0.37 earnings per share for the quarter. Yaskawa Electric had a net margin of 10.37% and a return on equity of 12.90%. The company had revenue of $869.63 million for the quarter. As a group, analysts expect that Yaskawa Electric will post 3.02 EPS for the current fiscal year.

Yaskawa Electric Company Profile

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.