Short Interest in Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Expands By 54.5%

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 312,000 shares, an increase of 54.5% from the January 31st total of 202,000 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is presently 240.0 days.

Nexteer Automotive Group Stock Performance

OTCMKTS:NTXVF remained flat at $0.48 during midday trading on Tuesday. The company had a trading volume of 20 shares, compared to its average volume of 2,980. Nexteer Automotive Group has a 52-week low of $0.32 and a 52-week high of $0.51. The business’s 50-day simple moving average is $0.43 and its two-hundred day simple moving average is $0.39.

Nexteer Automotive Group Company Profile

Nexteer Automotive Group Limited, a motion control technology company, develop, manufacture, and supply advanced steering and driveline systems to original equipment manufacturer worldwide. It offers electric power steering (EPS) products, which includes column assist electric power steering, intermediate shafts, EPS rack and pinion gears, single and dual pinion assist, and rack-assisted EPS, modular power pack, steer-by-wire, EPS remanufacturing, and automated steering actuator, as well as availability, output, and modular EPS.