Short Interest in Yamaha Co. (OTCMKTS:YAMCY) Expands By 40.0%

Yamaha Co. (OTCMKTS:YAMCY) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 700 shares, an increase of 40.0% from the August 31st total of 500 shares. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is currently 0.1 days.

Yamaha Price Performance

YAMCY opened at $27.10 on Friday. The business’s fifty day moving average is $22.89 and its 200-day moving average is $22.44. Yamaha has a 52-week low of $18.06 and a 52-week high of $28.43.

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.