Thk Co., Ltd. (OTCMKTS:THKLY) Short Interest Update

Thk Co., Ltd. (OTCMKTS:THKLY) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 1,021 shares, a drop of 96.6% from the April 30th total of 29,929 shares. Based on an average daily volume of 1,513 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of THK to a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce”.

THK Stock Performance

Shares of THKLY stock opened at $24.17 on Friday. The stock’s 50-day moving average price is $18.51 and its 200 day moving average price is $15.65. The company has a quick ratio of 2.18, a current ratio of 2.83 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $5.76 billion, a PE ratio of 80.57 and a beta of 1.05. THK has a 52-week low of $11.93 and a 52-week high of $24.23.

THK (OTCMKTS:THKLY) last released its earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter. The firm had revenue of $440.05 million during the quarter. THK had a return on equity of 1.93% and a net margin of 1.85%.

About THK

THK Co, Ltd. is a global manufacturer specializing in mechanical components that enable precise linear and rotational motion. Founded in 1971 and headquartered in Tokyo, Japan, the company pioneered the development of rolling-element linear motion guides, introducing its first “LM Guide” in 1972. Over the decades, THK has expanded its product portfolio to include linear actuators, ball screws, spherical joints, and mechatronic systems designed for automation and high-precision applications.

THK’s core offerings serve a broad range of industries, including machine tools, semiconductor manufacturing, medical devices, robotics, and aerospace.