Niterra Co., Ltd. (OTCMKTS:NGKSY – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 274 shares, a growth of 407.4% from the June 30th total of 54 shares. Based on an average daily trading volume, of 169 shares, the days-to-cover ratio is currently 1.6 days.
Niterra Price Performance
Shares of OTCMKTS:NGKSY opened at $29.26 on Friday. The company has a 50 day moving average of $26.38 and a 200-day moving average of $24.78. Niterra has a twelve month low of $21.40 and a twelve month high of $31.70.
About Niterra
Niterra, formerly known as NGK SPARK PLUG Co, Ltd., is a Japan-based manufacturer specializing in advanced ceramic technologies and automotive components. The company’s core product lines include spark plugs, ceramic substrates, oxygen sensors and other precision components designed to optimize engine performance and reduce emissions. In addition to traditional ignition products, Niterra produces substrates for catalytic converters, diesel particulate filters and a growing range of fuel-cell and hydrogen-related components.
Beyond its automotive focus, Niterra’s ceramics business supplies materials for industrial applications such as semiconductor manufacturing, electronics and environmental systems.
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