Short Interest in Stanley Electric Co., Ltd. (OTCMKTS:STAEF) Grows By 102.9%

Stanley Electric Co., Ltd. (OTCMKTS:STAEF) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 681,032 shares, a growth of 102.9% from the April 15th total of 335,592 shares. Based on an average daily volume of 1 shares, the short-interest ratio is currently 681,032.0 days.

Stanley Electric Stock Performance

OTCMKTS:STAEF remained flat at $20.36 during mid-day trading on Monday. The firm’s 50 day moving average price is $20.36 and its 200-day moving average price is $20.36. Stanley Electric has a 52 week low of $20.20 and a 52 week high of $21.93.

About Stanley Electric

Stanley Electric Co, Ltd. is a Japan-based manufacturer specializing in automotive lighting equipment and electronic components. Founded in 1920 in Higashiōsaka, the company has built a reputation for producing high-quality headlamps, signal lamps and tail lamps for a range of vehicle models. Over the decades, Stanley has expanded its product portfolio to include LED lighting modules, camera and sensor housings, and customized illumination solutions for both original equipment manufacturers (OEMs) and the automotive aftermarket.

In addition to its core automotive lighting business, Stanley Electric offers a variety of general illumination products and industrial lighting systems.