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

Yamaha Co. (OTCMKTS:YAMCY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,000 shares, an increase of 66.7% from the September 30th total of 600 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 0.2 days.

Yamaha Trading Down 1.1 %

OTCMKTS:YAMCY opened at $8.20 on Monday. The company has a fifty day moving average price of $18.73 and a 200 day moving average price of $20.88. Yamaha has a one year low of $6.02 and a one year high of $9.16.

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.