NSK Ltd. (OTCMKTS:NPSKY) Sees Large Increase in Short Interest

NSK Ltd. (OTCMKTS:NPSKY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 800 shares, a growth of 300.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 1.1 days.

NSK Stock Down 1.2 %

Shares of NPSKY stock traded down $0.10 during trading hours on Monday, reaching $7.87. 393 shares of the stock were exchanged, compared to its average volume of 298. The business’s fifty day moving average is $8.71 and its two-hundred day moving average is $9.47. NSK has a 12-month low of $7.87 and a 12-month high of $11.84.

NSK Company Profile

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.