Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) Sees Significant Increase in Short Interest

Harmonic Drive Systems Inc. (OTCMKTS:HSYDFGet Free Report) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 836,700 shares, a growth of 16.4% from the November 30th total of 719,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Harmonic Drive Systems Stock Performance

HSYDF stock opened at $21.80 on Monday. Harmonic Drive Systems has a 1 year low of $12.28 and a 1 year high of $21.90. The company has a 50 day simple moving average of $16.58 and a 200 day simple moving average of $21.97.

Harmonic Drive Systems Company Profile

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Harmonic Drive Systems Inc produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as otors, sensors, drivers, controllers, and other system elements. The company also provides HarmonicDrive, a speed reducer for space; high-precision planetary speed reducers under the AccuDrive and Harmonic Planetary brands; and high-performance gear heads for servo motors series.

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