Short Interest in Alps Alpine Co., Ltd. (OTCMKTS:APELY) Increases By 53.5%

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 6,600 shares, a growth of 53.5% from the August 31st total of 4,300 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 2.8 days.

Alps Alpine Stock Performance

APELY stock opened at $22.00 on Friday. Alps Alpine has a one year low of $13.45 and a one year high of $23.50. The firm’s 50 day moving average price is $20.55 and its 200-day moving average price is $18.87. The company has a quick ratio of 1.32, a current ratio of 1.98 and a debt-to-equity ratio of 0.20.

Alps Alpine Company Profile

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.