Short Interest in Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Increases By 41.0%

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 1,032,000 shares, a growth of 41.0% from the March 15th total of 732,000 shares. Based on an average trading volume of 12,800 shares, the short-interest ratio is presently 80.6 days.

Nexteer Automotive Group Stock Performance

Shares of Nexteer Automotive Group stock remained flat at $0.60 during trading on Friday. Nexteer Automotive Group has a 52-week low of $0.32 and a 52-week high of $0.78. The stock’s 50-day moving average is $0.61 and its 200-day moving average is $0.47.

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.