Keyence Corporation (OTCMKTS:KYCCF) Short Interest Update

Keyence Corporation (OTCMKTS:KYCCF) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 230,000 shares, a growth of 42.2% from the September 15th total of 161,800 shares. Based on an average daily volume of 6,000 shares, the short-interest ratio is presently 38.3 days. Based on an average daily volume of 6,000 shares, the short-interest ratio is presently 38.3 days.

Wall Street Analyst Weigh In

Separately, Citigroup lowered Keyence from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 9th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Keyence Stock Up 1.8%

KYCCF opened at $407.36 on Friday. Keyence has a one year low of $303.33 and a one year high of $503.51. The business has a 50 day simple moving average of $386.25 and a two-hundred day simple moving average of $396.40.

About Keyence

Keyence Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of factory automation solutions in Japan, China, the United States, and internationally. The company offers photoelectric, fiber optic, laser, positioning, vision, specific solution, and inductive proximity sensors, as well as network communication units.