Short Interest in Yamaha Co. (OTCMKTS:YAMCY) Rises By 74.1%

Yamaha Co. (OTCMKTS:YAMCY) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 195 shares, an increase of 74.1% from the June 15th total of 112 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,624 shares, the short-interest ratio is presently 0.1 days.

Yamaha Stock Performance

Shares of YAMCY opened at $7.87 on Friday. The business’s fifty day simple moving average is $7.02 and its two-hundred day simple moving average is $7.20. Yamaha has a 12 month low of $6.33 and a 12 month high of $7.95. The company has a market cap of $3.64 billion and a price-to-earnings ratio of 0.06.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Yamaha to a “hold” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Yamaha has a consensus rating of “Hold”.

Yamaha Company Profile

Yamaha Motor Co, Ltd., founded in 1955 as a spin-off from Yamaha Corporation, is a Japanese manufacturer specializing in a diverse range of mobility and power products. Headquartered in Iwata, Shizuoka Prefecture, the company initially gained recognition for its 125cc two-stroke motorcycle before expanding into marine engines and general-purpose power units. Over the decades, Yamaha Motor has built a reputation for engineering innovation, high-performance design and reliable manufacturing processes.

The company’s core product portfolio encompasses motorcycles, scooters and off-road vehicles, including ATVs, side-by-sides and snowmobiles.