Keyence Corporation (OTCMKTS:KYCCF) Short Interest Update

Keyence Corporation (OTCMKTS:KYCCFGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 527,831 shares, a growth of 52.2% from the July 15th total of 346,886 shares. Based on an average daily volume of 6,320 shares, the short-interest ratio is presently 83.5 days. Currently, 0.2% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Several research firms have weighed in on KYCCF. The Goldman Sachs Group raised Keyence from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. Erste Group Bank raised shares of Keyence to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, Zacks Research raised shares of Keyence to a “hold” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Keyence has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on Keyence

Keyence Price Performance

OTCMKTS KYCCF traded down $15.98 during trading on Tuesday, reaching $528.52. 574 shares of the company’s stock were exchanged, compared to its average volume of 4,390. The business has a 50 day moving average price of $489.68 and a 200-day moving average price of $442.01. Keyence has a fifty-two week low of $316.20 and a fifty-two week high of $581.60.

About Keyence

(Get Free Report)

Keyence Corporation, established in 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, is a leading developer and manufacturer of automation and inspection equipment. The company focuses on delivering advanced technologies that improve manufacturing efficiency and quality control for a broad range of industries, including automotive, electronics, pharmaceuticals, food and beverage, and packaging.

Keyence’s product portfolio encompasses a variety of sensors, vision systems, laser markers, digital microscopes and measuring instruments.

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