Short Interest in Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) Rises By 6.9%

Harmonic Drive Systems Inc. (OTCMKTS:HSYDFGet Free Report) was the target of a significant 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 trading volume of 100 shares, the days-to-cover ratio is presently 8,630.0 days.

Harmonic Drive Systems Trading Up 2.7 %

Harmonic Drive Systems stock opened at $18.50 on Monday. Harmonic Drive Systems has a 12-month low of $18.02 and a 12-month high of $21.90. The business’s 50-day simple moving average is $20.62 and its 200 day simple moving average is $24.52.

Harmonic Drive Systems Company Profile

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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.

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