Yokogawa Electric Co. (OTCMKTS:YOKEY) Sees Significant Drop in Short Interest

Yokogawa Electric Co. (OTCMKTS:YOKEY) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 3 shares, a drop of 89.3% from the September 15th total of 28 shares. Based on an average daily volume of 183 shares, the days-to-cover ratio is currently 0.0 days.

Yokogawa Electric Stock Performance

OTCMKTS YOKEY opened at $59.47 on Friday. Yokogawa Electric has a 52 week low of $52.87 and a 52 week high of $79.89. The firm has a 50 day moving average of $64.09 and a two-hundred day moving average of $66.64.

Yokogawa Electric Company Profile

Yokogawa Electric Corporation is a Japanese technology company that provides industrial automation, control, measurement, and information systems. Its products and services help businesses monitor and manage complex operations, improve efficiency, and support safe, reliable production.

The company’s offerings include distributed control systems, safety instrumented systems, industrial automation software, field instruments, analyzers, and control and execution systems. Yokogawa also develops test and measurement equipment, including oscilloscopes, optical measurement products, and electrical power measurement solutions, as well as specialized technologies for life science research and manufacturing.

Founded in 1915 and headquartered in Tokyo, Yokogawa serves customers in process-intensive industries such as energy, chemicals, pharmaceuticals, food and beverage, metals, and water and wastewater.