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

Yokogawa Electric Co. (OTCMKTS:YOKEY) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 316 shares, a growth of 710.3% from the March 31st total of 39 shares. Based on an average trading volume of 210 shares, the days-to-cover ratio is presently 1.5 days.

Yokogawa Electric Stock Performance

Shares of YOKEY opened at $73.40 on Friday. Yokogawa Electric has a 12 month low of $42.23 and a 12 month high of $79.89. The stock has a fifty day moving average price of $71.24 and a 200 day moving average price of $65.91.

Yokogawa Electric Company Profile

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.