Yokogawa Electric Co. (OTCMKTS:YOKEY) Sees Large Growth in Short Interest

Yokogawa Electric Co. (OTCMKTS:YOKEYGet Free Report) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 505 shares, a growth of 317.4% from the December 31st total of 121 shares. Based on an average trading volume of 232 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 232 shares, the days-to-cover ratio is presently 2.2 days.

Yokogawa Electric Stock Performance

Shares of YOKEY stock opened at $64.61 on Wednesday. The business has a fifty day moving average of $64.77 and a 200 day moving average of $59.50. Yokogawa Electric has a 1 year low of $34.13 and a 1 year 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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