Short Interest in Yokogawa Electric Co. (OTCMKTS:YOKEY) Decreases By 27.5%

Yokogawa Electric Co. (OTCMKTS:YOKEYGet Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 121 shares, a drop of 27.5% from the December 15th total of 167 shares. Based on an average daily volume of 395 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 395 shares, the days-to-cover ratio is currently 0.3 days.

Yokogawa Electric Stock Performance

OTCMKTS:YOKEY opened at $67.50 on Friday. The company’s 50-day moving average is $63.84 and its two-hundred day moving average is $58.54. Yokogawa Electric has a 12-month low of $34.13 and a 12-month high of $67.50.

About Yokogawa Electric

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Yokogawa Electric Corporation, headquartered in Tokyo, Japan, is a longstanding provider of industrial automation, process control and precision measurement solutions. Established in 1915, the company has built a global reputation for innovation in test and measurement instrumentation. Its American Depositary Receipts trade on the OTC Markets under the symbol YOKEY, reflecting its international reach and engagement with investors outside Japan.

The company’s core business activities encompass process automation systems, field instruments, control devices and advanced analytics software.

Further Reading

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