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

Alps Alpine Co., Ltd. (OTCMKTS:APELY) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, an increase of 200.0% from the February 13th total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 0.4 days.

Alps Alpine Price Performance

APELY opened at $21.09 on Friday. Alps Alpine has a one year low of $14.31 and a one year high of $23.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.31 and a current ratio of 2.01. The stock’s fifty day moving average is $20.29 and its 200-day moving average is $20.57. The company has a market capitalization of $2.17 billion, a PE ratio of 1,055.03, a P/E/G ratio of 0.32 and a beta of 0.73.

Alps Alpine (OTCMKTS:APELY) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.37. Alps Alpine had a return on equity of 1.73% and a net margin of 0.02%. On average, equities analysts predict that Alps Alpine will post 1.63 EPS for the current fiscal year.

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.