Yamada Holdings Co., Ltd. (OTCMKTS:YMDAF) Sees Large Drop in Short Interest

Yamada Holdings Co., Ltd. (OTCMKTS:YMDAF) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 2,655,000 shares, a decrease of 24.1% from the September 15th total of 3,498,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Yamada Stock Performance

Shares of OTCMKTS YMDAF opened at $2.89 on Friday. The firm’s 50-day simple moving average is $2.89 and its 200 day simple moving average is $2.89. Yamada has a 12-month low of $2.80 and a 12-month high of $3.10.

About Yamada

Yamada Holdings Co, Ltd., together with its subsidiaries, operates in the consumer electronics retailing activities in Japan and internationally. It operates through Denki business, Housing, Finance, and Environmental segments. The Denki business segment sells home appliances, such as televisions, refrigerators, and washing machines, as well as home information appliances comprising personal computers, and mobile phones.