Yamaha Co. (OTCMKTS:YAMCY) Sees Large Decline in Short Interest

Yamaha Co. (OTCMKTS:YAMCY) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 100 shares, a decline of 99.5% from the May 31st total of 21,500 shares. Based on an average daily volume of 61,700 shares, the short-interest ratio is presently 0.0 days.

Yamaha Price Performance

OTCMKTS:YAMCY traded up $0.41 on Thursday, reaching $23.61. The stock had a trading volume of 14,769 shares, compared to its average volume of 35,463. The stock has a fifty day moving average price of $22.45 and a 200-day moving average price of $22.17. Yamaha has a 1-year low of $20.38 and a 1-year high of $40.07.

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.