Nabtesco Co. (OTCMKTS:NCTKY) Short Interest Update

Nabtesco Co. (OTCMKTS:NCTKY) saw a significant increase in short interest in July. As of July 15th, there was short interest totalling 1,700 shares, an increase of 142.9% from the June 30th total of 700 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 2.4 days.

Nabtesco Stock Performance

Shares of Nabtesco stock traded down $0.25 during trading on Friday, reaching $8.80. The stock had a trading volume of 985 shares, compared to its average volume of 1,948. The stock has a fifty day moving average price of $8.65 and a two-hundred day moving average price of $8.87. Nabtesco has a 52 week low of $7.49 and a 52 week high of $13.98.

Nabtesco Company Profile

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.