NGK Insulators, Ltd. (OTCMKTS:NGKIF – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 102,171 shares, a drop of 76.7% from the September 30th total of 437,711 shares. Based on an average daily volume of 171 shares, the days-to-cover ratio is presently 597.5 days.
NGK Insulators Price Performance
NGKIF stock remained flat at $37.09 during mid-day trading on Thursday. The stock has a fifty day moving average of $34.61 and a 200-day moving average of $32.71. NGK Insulators has a 52-week low of $17.00 and a 52-week high of $48.45.
About NGK Insulators
NGK Insulators, Ltd. is a Japan-based manufacturer of advanced ceramic products and systems for the electric power, industrial, automotive and electronics markets. The company develops materials and technologies designed to support power transmission, energy storage, emissions control and industrial processing.
Its products include electrical insulators and related equipment for power networks, NAS batteries for large-scale energy storage, ceramic components for semiconductor manufacturing, and industrial ceramics.
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