Short Interest in Alps Alpine Co., Ltd. (OTCMKTS:APELY) Declines By 66.7%

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 2,200 shares, a decrease of 66.7% from the September 15th total of 6,600 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is currently 0.1 days.

Alps Alpine Price Performance

Shares of OTCMKTS APELY opened at $20.75 on Friday. The business has a fifty day simple moving average of $20.76 and a 200 day simple moving average of $19.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.26 and a current ratio of 1.90. Alps Alpine has a one year low of $13.45 and a one year high of $23.50.

About Alps Alpine

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company’s products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.