Aisin Co. (OTCMKTS:ASEKY) Sees Large Drop in Short Interest

Aisin Co. (OTCMKTS:ASEKY) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a drop of 75.0% from the December 31st total of 400 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is currently 0.0 days.

Aisin Stock Performance

Shares of OTCMKTS:ASEKY traded down $0.26 during trading on Friday, hitting $10.25. 262 shares of the company traded hands, compared to its average volume of 1,024. The company has a quick ratio of 1.15, a current ratio of 1.65 and a debt-to-equity ratio of 0.27. Aisin has a one year low of $9.65 and a one year high of $13.57. The business’s fifty day moving average is $10.75 and its 200-day moving average is $16.00. The stock has a market capitalization of $8.29 billion, a price-to-earnings ratio of 19.34 and a beta of 0.74.

Aisin (OTCMKTS:ASEKY) last released its quarterly earnings results on Friday, January 31st. The company reported $0.35 earnings per share (EPS) for the quarter. Aisin had a return on equity of 2.77% and a net margin of 1.30%. As a group, equities analysts predict that Aisin will post 0.89 earnings per share for the current fiscal year.

About Aisin

Aisin Corporation manufactures and sells automotive parts, and energy and lifestyle related products. It provides powertrain products comprising 1 motor hybrid transmission and eaxle products; chassis and vehicle safety systems, such as automated parking systems and electronically controlled brake systems; power sliding door systems and sunroof products; connected and sharing solutions; and repair and maintenance products.