Alps Alpine Co., Ltd. (OTCMKTS:APELY) Short Interest Down 89.3% in March

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 89.3% from the February 29th total of 2,800 shares. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is presently 0.1 days.

Alps Alpine Price Performance

Shares of APELY opened at $15.28 on Thursday. The firm has a 50 day simple moving average of $15.03 and a two-hundred day simple moving average of $16.26. Alps Alpine has a one year low of $13.45 and a one year high of $19.31. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.13 and a current ratio of 1.75.

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.