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

Yokogawa Electric Co. (OTCMKTS:YOKEY) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 296 shares, a growth of 190.2% from the October 15th total of 102 shares. Based on an average trading volume of 178 shares, the days-to-cover ratio is currently 1.7 days.

Yokogawa Electric Price Performance

Shares of OTCMKTS YOKEY traded up $0.65 during midday trading on Friday, reaching $53.65. The company’s stock had a trading volume of 513 shares, compared to its average volume of 367. Yokogawa Electric has a fifty-two week low of $49.90 and a fifty-two week high of $79.89. The stock has a 50 day simple moving average of $57.38 and a 200-day simple moving average of $66.50.

Yokogawa Electric Company Profile

Yokogawa Electric Corporation is a Japan-based technology company that provides industrial automation, control, measurement and information solutions. Its offerings are designed to help industrial customers monitor operations, improve production efficiency, manage assets and support safety and sustainability objectives. The company’s products and services include distributed control systems, industrial safety systems, process analyzers, field instruments, industrial software, control and monitoring platforms, and lifecycle engineering and maintenance services.