Yamaha Co. (OTCMKTS:YAMCY) Sees Large Decline in Short Interest

Yamaha Co. (OTCMKTS:YAMCY) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 15,200 shares, a drop of 28.3% from the March 31st total of 21,200 shares. Based on an average daily volume of 65,800 shares, the short-interest ratio is currently 0.2 days.

Yamaha Stock Up 0.7 %

OTCMKTS YAMCY opened at $21.06 on Friday. Yamaha has a one year low of $20.38 and a one year high of $41.90. The business has a 50 day simple moving average of $21.30 and a 200 day simple moving average of $22.83.

Yamaha Company Profile

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.