Short Interest in Yaskawa Electric Corp. (OTCMKTS:YASKY) Increases By 72.7%

Key Points

• Short interest in Yaskawa Electric Corp. increased by 72.7% in July, reaching a total of 1,900 shares by July 31st.
• The company's stock rating was downgraded from a "strong-buy" to a "hold" by The Goldman Sachs Group on July 8th.
• Yaskawa Electric reported $0.37 EPS and $869.63 million in revenue for the latest quarter, with a net margin of 10.37%.

Yaskawa Electric Corp. (OTCMKTS:YASKY - Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,900 shares, agrowthof72.7% from the July 15th total of 1,100 shares. Approximately0.0% of the company's shares are sold short. Based on an average trading volume of 28,800 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 28,800 shares, the short-interest ratio is currently 0.1 days. Approximately0.0% of the company's shares are sold short.

Wall Street Analysts Forecast Growth

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

Yaskawa Electric Trading Up 4.2%

Shares of YASKY stock traded up $1.69 on Friday, reaching $41.95. 17,379 shares of the stock were exchanged, compared to its average volume of 11,977. The stock has a market cap of $5.44 billion, a P/E ratio of 14.82 and a beta of 1.06. The company has a quick ratio of 1.22, a current ratio of 2.24 and a debt-to-equity ratio of 0.14. The firm has a 50 day moving average of $42.33 and a two-hundred day moving average of $46.17. Yaskawa Electric has a 1-year low of $36.1080 and a 1-year high of $73.00.

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