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

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

Aisin Stock Performance

Shares of ASEKY traded up $0.60 during midday trading on Friday, hitting $10.25. 400 shares of the stock were exchanged, compared to its average volume of 324. Aisin has a 52-week low of $9.65 and a 52-week high of $13.57. The stock has a fifty day simple moving average of $12.53 and a 200 day simple moving average of $26.42. The firm has a market cap of $8.29 billion, a P/E ratio of 18.21 and a beta of 0.68.

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.