Short Interest in NGK Insulators, Ltd. (OTCMKTS:NGKIF) Drops By 76.9%

NGK Insulators, Ltd. (OTCMKTS:NGKIF) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 49,700 shares, a decline of 76.9% from the March 31st total of 214,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 497.0 days.

NGK Insulators Stock Performance

NGKIF stock remained flat at $10.97 during trading on Tuesday. NGK Insulators has a 12-month low of $10.90 and a 12-month high of $13.95. The firm has a fifty day moving average price of $11.78 and a 200-day moving average price of $12.11.

NGK Insulators Company Profile

NGK Insulators, Ltd., together with its subsidiaries, manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others. The company operates through Environment Business, Digital Society Business, and Energy & Industry Business segments. It offers energy storage systems, including NAS batteries; suspension, long rod, station post, hollow, and pin post insulators, as well as hardware for insulator assemblies, and power equipment comprising bushing; HONEYCERAM, a component for exhaust gas purification; diesel particulate filters that eliminates particulates in the exhaust gas emitted from diesel automobiles; and NOx sensors, which measures NOx concentration in motor vehicle exhaust gas.