Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Large Drop in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 200 shares, a drop of 97.4% from the June 15th total of 7,600 shares. Based on an average daily volume of 6,100 shares, the days-to-cover ratio is currently 0.0 days.

Alps Alpine Price Performance

Shares of OTCMKTS:APELY traded up $1.07 during midday trading on Friday, hitting $19.90. The company had a trading volume of 458 shares, compared to its average volume of 2,575. Alps Alpine has a twelve month low of $13.45 and a twelve month high of $20.90. The business’s 50-day simple moving average is $19.14 and its 200-day simple moving average is $17.04.

Alps Alpine Company Profile

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company's products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.