What’s AKEBONO BRAKE INDUSTRIES ORDINARY SHARES (OTCMKTS:AKBIF) Upside After This Short Interest Decrease?

June 17, 2018 - By Marie Mckinney

The stock of AKEBONO BRAKE INDUSTRIES ORDINARY SHARES (OTCMKTS:AKBIF) registered a decrease of 55.74% in short interest. AKBIF’s total short interest was 318,600 shares in June as published by FINRA. Its down 55.74% from 719,900 shares, reported previously.

It closed at $2.94 lastly. It is down 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Akebono Brake Industry Co., Ltd. engages in the research and development, manufacture, and sale of brakes, and related components and parts worldwide. The company has market cap of $. The firm offers disc brake calipers, disc brake pads, disc rotors, drum brake linings, drum brake shoes, wheel cylinders, corner modules, drum-in-hat brakes, brake drums, sensors, etc. for automobiles; and disc brake calipers, disc brake pads, master cylinders, etc. for motorcycles. It has a 55.47 P/E ratio. It also provides brakes for rolling stock, including disc brakes and brake linings for bullet trains, brake linings for regular trains, disc brakes for monorail, brake linings for rolling stock, brake shoes for railroad trains, etc.

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