Short Interest in Stanley Electric Co., Ltd. (OTCMKTS:STAEF) Declines By 41.2%

Stanley Electric Co., Ltd. (OTCMKTS:STAEF) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 559,420 shares, a drop of 41.2% from the August 15th total of 951,333 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Stanley Electric Price Performance

Shares of OTCMKTS:STAEF opened at $20.36 on Friday. Stanley Electric has a 52 week low of $20.20 and a 52 week high of $21.93. The firm has a 50 day moving average of $20.36 and a 200 day moving average of $20.36.

About Stanley Electric

Stanley Electric Co, Ltd. is a Japan-based manufacturer specializing in automotive lighting equipment and electronic components. Founded in 1920 in Higashi?saka, the company has built a reputation for producing high-quality headlamps, signal lamps and tail lamps for a range of vehicle models. Over the decades, Stanley has expanded its product portfolio to include LED lighting modules, camera and sensor housings, and customized illumination solutions for both original equipment manufacturers (OEMs) and the automotive aftermarket.

In addition to its core automotive lighting business, Stanley Electric offers a variety of general illumination products and industrial lighting systems.