NSK Ltd. (OTCMKTS:NPSKY) Short Interest Down 85.7% in March

NSK Ltd. (OTCMKTS:NPSKY) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 85.7% from the February 28th total of 700 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 0.3 days.

NSK Price Performance

NSK stock remained flat at $9.53 during mid-day trading on Thursday. The company had a trading volume of 2 shares, compared to its average volume of 677. NSK has a fifty-two week low of $7.87 and a fifty-two week high of $11.84. The company has a quick ratio of 1.39, a current ratio of 2.04 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average is $8.70 and its 200-day moving average is $9.01.

NSK Company Profile

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.