Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Up 47.1% in February

Nokian Renkaat Oyj (OTCMKTS:NKRKF) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,507,600 shares, an increase of 47.1% from the February 13th total of 1,025,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Nokian Renkaat Oyj Price Performance

OTCMKTS NKRKF remained flat at $6.63 during trading hours on Friday. Nokian Renkaat Oyj has a 12-month low of $6.63 and a 12-month high of $9.64. The stock has a 50 day simple moving average of $7.19 and a two-hundred day simple moving average of $7.99.

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.