Aisin Co. (OTCMKTS:ASEKY) Sees Significant Decrease in Short Interest

Aisin Co. (OTCMKTS:ASEKY) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 400 shares, a drop of 33.3% from the October 15th total of 600 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 0.5 days.

Aisin Trading Up 6.2 %

OTCMKTS:ASEKY traded up $0.60 during midday trading on Friday, reaching $10.25. The company had a trading volume of 400 shares, compared to its average volume of 324. Aisin has a 12-month low of $9.65 and a 12-month high of $13.57. The firm has a market capitalization of $8.29 billion, a price-to-earnings ratio of 18.21 and a beta of 0.68. The stock’s fifty day simple moving average is $12.53 and its 200-day simple moving average is $26.42.

About Aisin

Aisin Corporation manufactures and sells automotive parts, and energy and lifestyle related products. It provides powertrain products comprising 1 motor hybrid transmission and eaxle products; chassis and vehicle safety systems, such as automated parking systems and electronically controlled brake systems; power sliding door systems and sunroof products; connected and sharing solutions; and repair and maintenance products.