Niterra Co., Ltd. (OTCMKTS:NGKSY) Short Interest Up 1,061.6% in August

Niterra Co., Ltd. (OTCMKTS:NGKSY) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 848 shares, an increase of 1,061.6% from the July 30th total of 73 shares. Based on an average daily trading volume, of 167 shares, the short-interest ratio is currently 5.1 days.

Niterra Stock Performance

NGKSY remained flat at $32.62 during trading on Tuesday. 10 shares of the company’s stock traded hands, compared to its average volume of 1,255. The business has a fifty day moving average of $28.91 and a 200-day moving average of $26.25. Niterra has a 12 month low of $21.40 and a 12 month high of $32.62.

Niterra Company Profile

Niterra, formerly known as NGK SPARK PLUG Co, Ltd., is a Japan-based manufacturer specializing in advanced ceramic technologies and automotive components. The company’s core product lines include spark plugs, ceramic substrates, oxygen sensors and other precision components designed to optimize engine performance and reduce emissions. In addition to traditional ignition products, Niterra produces substrates for catalytic converters, diesel particulate filters and a growing range of fuel-cell and hydrogen-related components.

Beyond its automotive focus, Niterra’s ceramics business supplies materials for industrial applications such as semiconductor manufacturing, electronics and environmental systems.