Short Interest in Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Decreases By 99.7%

Nexteer Automotive Group Limited (OTCMKTS:NTXVFGet Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 142 shares, a decrease of 99.7% from the April 30th total of 50,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nexteer Automotive Group Price Performance

Shares of NTXVF stock remained flat at $0.71 during trading hours on Friday. Nexteer Automotive Group has a 52-week low of $0.63 and a 52-week high of $1.16. The company has a 50 day moving average price of $0.73 and a 200-day moving average price of $0.81.

Nexteer Automotive Group Company Profile

(Get Free Report)

Nexteer Automotive Group is a global supplier of advanced steering and driveline systems for the automotive industry. The company designs, engineers and manufactures electric and hydraulic power steering systems, steering columns, intermediate shafts and driveline modules for passenger cars, light trucks and commercial vehicles. Its product portfolio also includes advanced driver assistance system (ADAS) integration and steer-by-wire technologies aimed at improving vehicle safety, comfort and fuel efficiency.

Originally a division of General Motors, Nexteer became an independent entity in 2010 when it was acquired by the China-based automotive holdings firm Pacific Century Motors.

Read More

Receive News & Ratings for Nexteer Automotive Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexteer Automotive Group and related companies with MarketBeat.com's FREE daily email newsletter.