THK Co., Ltd. (OTCMKTS:THKLY) Sees Significant Decrease in Short Interest

THK Co., Ltd. (OTCMKTS:THKLY) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 2,700 shares, a drop of 92.5% from the December 15th total of 35,800 shares. Based on an average trading volume of 97,900 shares, the days-to-cover ratio is presently 0.0 days.

THK Stock Down 3.6 %

THK stock traded down $0.41 during trading on Monday, reaching $11.07. The stock had a trading volume of 11,970 shares, compared to its average volume of 22,412. The company has a quick ratio of 3.34, a current ratio of 4.09 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average price of $11.19 and a 200 day moving average price of $9.63. The stock has a market cap of $2.88 billion, a PE ratio of 30.76 and a beta of 0.91. THK has a 52-week low of $7.68 and a 52-week high of $12.45.

THK Company Profile

THK Co, Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.