Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Down 17.3% in February

Nokian Renkaat Oyj (OTCMKTS:NKRKF) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 1,025,000 shares, a decrease of 17.3% from the January 31st total of 1,238,900 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 2,562.5 days.

Nokian Renkaat Oyj Stock Performance

Shares of OTCMKTS:NKRKF remained flat at $6.63 during midday trading on Wednesday. Nokian Renkaat Oyj has a 52 week low of $6.63 and a 52 week high of $9.64. The business has a 50 day simple moving average of $7.37 and a 200 day simple moving average of $8.07.

About Nokian Renkaat Oyj

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans.