Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Significant Growth in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 800 shares, a growth of 700.0% from the March 31st total of 100 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is currently 0.4 days.

Alps Alpine Price Performance

APELY traded up $0.02 on Thursday, hitting $17.28. 2,164 shares of the company were exchanged, compared to its average volume of 2,864. Alps Alpine has a twelve month low of $13.45 and a twelve month high of $18.54. The company has a current ratio of 1.75, a quick ratio of 1.13 and a debt-to-equity ratio of 0.11. The firm has a 50-day moving average price of $15.24 and a two-hundred day moving average price of $16.10.

About Alps Alpine

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company's products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.