Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) Sees Significant Increase in Short Interest

Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 807,000 shares, an increase of 8.8% from the September 30th total of 741,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Harmonic Drive Systems Price Performance

Shares of HSYDF opened at $18.60 on Thursday. The firm has a 50 day moving average of $22.52 and a 200 day moving average of $25.33. Harmonic Drive Systems has a twelve month low of $18.60 and a twelve month high of $21.90.

About Harmonic Drive Systems

Harmonic Drive Systems Inc produces and sells precision control equipment and components worldwide. It offers speed reducers, rotary actuators, linear actuators, AC servo motors, and other mechatronics products, as well as otors, sensors, drivers, controllers, and other system elements. The company also provides HarmonicDrive, a speed reducer for space; high-precision planetary speed reducers under the AccuDrive and Harmonic Planetary brands; and high-performance gear heads for servo motors series.