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

Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,257,200 shares, a drop of 13.0% from the January 31st total of 1,445,300 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 1,257.2 days.

Harmonic Drive Systems Price Performance

Shares of OTCMKTS:HSYDF remained flat at $30.97 during trading on Thursday. Harmonic Drive Systems has a twelve month low of $12.28 and a twelve month high of $36.00. The business has a 50-day moving average of $27.43 and a 200-day moving average of $22.46.

Harmonic Drive Systems Company Profile

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.