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

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 800 shares, a decrease of 11.1% from the October 15th total of 900 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 0.9 days.

Alps Alpine Price Performance

OTCMKTS APELY opened at $20.23 on Friday. Alps Alpine has a 52 week low of $13.45 and a 52 week high of $23.50. The company has a quick ratio of 1.26, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. The firm’s 50-day simple moving average is $20.89 and its two-hundred day simple moving average is $20.01.

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.