Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,465 shares, an increase of 117.1% from the September 30th total of 2,057 shares. Based on an average daily volume of 5,049 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the company’s shares are sold short.
Yamaha Stock Performance
Shares of OTCMKTS:YAMCY opened at $7.75 on Friday. The business has a 50-day moving average of $7.99 and a two-hundred day moving average of $7.51. Yamaha has a 12 month low of $6.45 and a 12 month high of $9.05.
Yamaha Company Profile
Yamaha Corporation is a Japan-based manufacturer of musical instruments and audio equipment. Its products include acoustic and digital pianos, keyboards, synthesizers, guitars, drums, brass and woodwind instruments, orchestral instruments, and related accessories.
The company also develops professional and consumer audio products, including mixing consoles, amplifiers, speakers, recording equipment, and audio-visual systems. Yamaha serves individual musicians, schools, concert venues, recording studios, businesses, and other institutional customers.
Yamaha traces its origins to 1887, when Torakusu Yamaha built a reed organ in Hamamatsu, Japan.
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