Short Interest in Stanley Electric Co., Ltd. (OTCMKTS:STAEF) Grows By 309.7%

Stanley Electric Co., Ltd. (OTCMKTS:STAEF) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 517,800 shares, an increase of 309.7% from the September 30th total of 126,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5,178.0 days.

Stanley Electric Stock Performance

STAEF remained flat at $15.06 during trading on Friday. Stanley Electric has a 52 week low of $15.06 and a 52 week high of $20.00. The firm has a fifty day simple moving average of $17.59 and a 200-day simple moving average of $18.04.

About Stanley Electric

Stanley Electric Co, Ltd., together with its subsidiaries, manufacture, sells, and import/export of automotive and other light bulbs in Japan and internationally. It offers automotive equipment, such as LED and headlamps; rear combination, turn signal, tail, stop, and fog lamps; sensors; automotive LED and light bulbs; electronic products; audio/air-conditioner panels; auto-leveling units; and other accessories and devices.