Short Interest in Yamaha Co. (OTCMKTS:YAMCY) Increases By 3,500.0%

Yamaha Co. (OTCMKTS:YAMCYGet Rating) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 3,600 shares, a growth of 3,500.0% from the April 30th total of 100 shares. Based on an average trading volume of 39,200 shares, the short-interest ratio is currently 0.1 days.

Shares of Yamaha stock traded down $0.58 on Wednesday, reaching $40.80. The company had a trading volume of 29,012 shares, compared to its average volume of 10,392. The firm’s 50 day moving average price is $41.30 and its two-hundred day moving average price is $46.48. Yamaha has a 52-week low of $37.21 and a 52-week high of $69.46.

About Yamaha (Get Rating)

Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other businesses worldwide. It manufactures and sells pianos; guitars; digital musical instruments; wind, string, and percussion instruments; other music-related products; and produces and sells audio and visual media software, as well as manages music and other schools.

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