Nokian Renkaat Oyj (OTCMKTS:NKRKY) Sees Large Growth in Short Interest

Nokian Renkaat Oyj (OTCMKTS:NKRKY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 5,600 shares, a growth of 55.6% from the February 28th total of 3,600 shares. Based on an average trading volume of 14,600 shares, the short-interest ratio is currently 0.4 days.

Nokian Renkaat Oyj Price Performance

Nokian Renkaat Oyj stock remained flat at $3.44 during midday trading on Monday. 162 shares of the company traded hands, compared to its average volume of 7,757. The company has a 50-day simple moving average of $3.52 and a 200 day simple moving average of $3.93. Nokian Renkaat Oyj has a 12-month low of $3.16 and a 12-month high of $5.05.

Nokian Renkaat Oyj (OTCMKTS:NKRKY) last issued its earnings results on Tuesday, February 4th. The company reported $0.02 earnings per share for the quarter.

Nokian Renkaat Oyj Company Profile

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.