Nabtesco Co. (OTCMKTS:NCTKY) Sees Significant Increase in Short Interest

Nabtesco Co. (OTCMKTS:NCTKY) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 600 shares, a growth of 200.0% from the August 31st total of 200 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 2.0 days. Based on an average trading volume of 300 shares, the short-interest ratio is presently 2.0 days.

Nabtesco Price Performance

Shares of NCTKY stock opened at $10.60 on Friday. Nabtesco has a 12-month low of $5.56 and a 12-month high of $13.92. The firm has a fifty day moving average of $11.25 and a 200-day moving average of $9.58.

Nabtesco Company Profile

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.