Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 2,353 shares, a drop of 43.2% from the August 31st total of 4,141 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 679 shares, the short-interest ratio is presently 3.5 days.
Yamaha Stock Performance
Shares of OTCMKTS YAMCY opened at $7.79 on Friday. Yamaha has a twelve month low of $6.33 and a twelve month high of $9.05. The company has a 50 day moving average of $8.16 and a 200 day moving average of $7.51.
About Yamaha
Yamaha Corporation is a Japan-based manufacturer of musical instruments, audio equipment and related products. Its portfolio includes pianos, keyboards, guitars, drums, wind and string instruments, professional and consumer audio equipment, and products for music production and sound reinforcement. The company also provides music education and other services connected with musical performance and audio technology.
The company traces its origins to 1887, when Torakusu Yamaha built a reed organ in Hamamatsu, Japan.
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