On Jun 29, 2018 YASKAWA ELECTRIC CORP ORDINARY SHARES (OTCMKTS:YASKF) Sellers Strengthened Their Shorts By 65.6%

June 29, 2018 - By Matthew Medley

Change of 65.6% for YASKAWA ELECTRIC CORP ORDINARY SHARES (OTCMKTS:YASKF)’s short interest was reported. FINRA issued short interest of YASKF’s total 4.05 million shares. Previously was reported up change of 65.6% from 2.45 million shares. 1267 days will cost YASKF with 3,200 average volume to recover its former position. YASKAWA ELECTRIC CORP ORDINARY SHARES’s short interest float is 1.59%.

The last price was $40.3.Since June 29, 2017 it’s 0.00% down thus . YASKF underperformed the S&P500 by 12.57%.

YASKAWA Electric Corporation engages in the motion control, robotics, system engineering, and other businesses in the Americas, Europe, the Asia Pacific, and Africa.The company has $9.71 billion market cap. It makes and sells various AC drives, including general purpose AC drives, medium-voltage AC drives, system-use AC drives, and power regenerative units for use in cranes, fans, pumps, machine tools, conveyers, automated ware houses, and metal working machinery; system controllers for iron and steel systems, water and wastewater treatment, and paper-making/film/port cargo handling/fiber/printing; and rotary servo motors, direct drive servo motors, linear servo motors, linear sliders, machine controllers, motion adapters, and machine vision systems that are used in chip mounters, robots, and metal working machinery.The P/E ratio is 29.68. The firm also offers arc and spot welding, painting, high-speed picking, LCD glass substrate transfer, and semiconductor wafer handling robots for semiconductor/liquid crystal manufacturing, arc welding, spot welding, palletizing, painting, and handling and assembly applications.

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