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

Thk Co., Ltd. (OTCMKTS:THKLY) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 206 shares, a decrease of 51.3% from the August 31st total of 423 shares. Based on an average trading volume of 11,402 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

THK Price Performance

Shares of THKLY remained flat at $20.61 during midday trading on Tuesday. 456 shares of the stock traded hands, compared to its average volume of 3,862. The firm has a 50 day moving average price of $20.93 and a 200 day moving average price of $20.47. The stock has a market cap of $4.91 billion, a PE ratio of 68.70 and a beta of 1.20. THK has a one year low of $11.93 and a one year high of $25.70. The company has a current ratio of 2.24, a quick ratio of 1.72 and a debt-to-equity ratio of 0.32.

THK Company Profile

THK Co, Ltd. is a Japan-based manufacturer of motion-control and mechanical components used in industrial equipment and automated systems. The company is best known for its linear motion products, which help machinery move precisely and efficiently along a guided path.

Its product portfolio includes linear motion guides, ball screws, actuators, ball splines, cross-roller bearings, link balls and other mechanical components. These products serve applications in machine tools, factory automation, robotics, semiconductor and electronics manufacturing equipment, transportation equipment, medical systems and other industrial markets.

Founded in Japan in 1971, THK developed what it describes as the world’s first linear motion guide in 1972.