Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) Sees Large Increase in Short Interest

Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 863,000 shares, a growth of 6.9% from the October 15th total of 807,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 8,630.0 days.

Harmonic Drive Systems Stock Up 2.7 %

Shares of Harmonic Drive Systems stock opened at $18.50 on Monday. The stock’s fifty day simple moving average is $20.62 and its 200 day simple moving average is $24.52. Harmonic Drive Systems has a 12 month low of $18.02 and a 12 month high of $21.90.

About Harmonic Drive Systems

Harmonic Drive Systems Inc produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as otors, sensors, drivers, controllers, and other system elements. The company also provides HarmonicDrive, a speed reducer for space; high-precision planetary speed reducers under the AccuDrive and Harmonic Planetary brands; and high-performance gear heads for servo motors series.