Keyence Co. (OTCMKTS:KYCCF – Get Rating) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 221,800 shares, a growth of 17.5% from the May 15th total of 188,700 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is presently 30.4 days.
Wall Street Analysts Forecast Growth
Separately, HSBC assumed coverage on Keyence in a research report on Thursday, May 4th. They issued a “buy” rating for the company.
Keyence Stock Down 0.9 %
Shares of OTCMKTS KYCCF opened at $502.08 on Friday. Keyence has a 1-year low of $307.70 and a 1-year high of $525.03. The business has a 50-day moving average of $481.91 and a 200-day moving average of $451.34.
Keyence Company Profile
KEYENCE Corp. engages in the development, manufacture and sale of industrial automation and inspection equipment. It operates through the Manufacture and Sale of Electronic Equipment and Others business divisions. The Manufacture and Sale of Electronic Equipment division handles software development and product sales through its subsidiaries.
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