Short Interest in Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) Drops By 31.0%

Yamaha Motor Co., Ltd. (OTCMKTS:YAMHF) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 3,507,500 shares, a drop of 31.0% from the May 31st total of 5,081,400 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 11,691.7 days.

Yamaha Motor Stock Performance

Shares of OTCMKTS YAMHF opened at $9.35 on Monday. The stock has a market cap of $9.80 billion, a price-to-earnings ratio of 6.95 and a beta of 0.97. The company has a current ratio of 1.79, a quick ratio of 1.09 and a debt-to-equity ratio of 0.34. Yamaha Motor has a 1-year low of $8.01 and a 1-year high of $10.00. The stock’s 50-day moving average is $9.47 and its 200 day moving average is $9.29.

Yamaha Motor (OTCMKTS:YAMHF) last announced its quarterly earnings results on Monday, May 13th. The company reported $0.38 EPS for the quarter. The business had revenue of $4.32 billion for the quarter. Yamaha Motor had a return on equity of 16.52% and a net margin of 7.93%. On average, sell-side analysts anticipate that Yamaha Motor will post 1.13 EPS for the current fiscal year.

Yamaha Motor Company Profile

Yamaha Motor Co, Ltd., together with its subsidiaries, engages in the land mobility, marine products, robotics, and financial services businesses in Japan, North America, Europe, Asia, and internationally. Its Land Mobility segment offers motorcycles, leaning multi-wheelers, all-terrain vehicles, recreational off highway vehicles, snowmobiles, electrically power-assisted bicycles, electric wheelchairs, automobile engines, and automobile components, as well as intermediate parts for products, and knockdown parts.