Yamaha Co. (OTCMKTS:YAMCY) Sees Large Growth in Short Interest

Yamaha Co. (OTCMKTS:YAMCY) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 900 shares, anincreaseof800.0% from the July 15th total of 100 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.2 days.

Yamaha Stock Down 5.5%

Shares of YAMCY opened at $6.45 on Friday. Yamaha has a 12-month low of $6.23 and a 12-month high of $9.03. The business has a 50-day simple moving average of $6.89 and a two-hundred day simple moving average of $7.10.

About Yamaha

Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other businesses in Japan and internationally. It manufactures and sells pianos; guitars; keyboards; strings; basses and amps; brass and woodwinds; marching instruments; drums; percussion instruments; music production tools; audio and visual products; and professional audio equipment under the Bösendorfer, Steinberg, Line 6, Ampeg, and Nexo brands.