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

Harmonic Drive Systems Inc. (OTCMKTS:HSYDF) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 919,700 shares, a growth of 5.6% from the August 15th total of 870,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Harmonic Drive Systems Stock Performance

OTCMKTS:HSYDF remained flat at $33.75 during trading hours on Tuesday. Harmonic Drive Systems has a fifty-two week low of $33.75 and a fifty-two week high of $35.56. The business’s fifty day moving average price is $33.75 and its two-hundred day moving average price is $35.10.

About Harmonic Drive Systems

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.