Thk Co., Ltd. (OTCMKTS:THKLY) Short Interest Update

Thk Co., Ltd. (OTCMKTS:THKLY) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 100 shares, a decrease of 82.8% from the June 15th total of 582 shares. Based on an average daily trading volume, of 1,225 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

THK Stock Up 0.9%

Shares of THKLY stock traded up $0.21 on Friday, reaching $23.04. 279 shares of the company’s stock traded hands, compared to its average volume of 496. The company has a market capitalization of $5.49 billion, a P/E ratio of 76.80 and a beta of 1.16. THK has a 12-month low of $11.93 and a 12-month high of $25.70. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.72 and a current ratio of 2.24. The business’s 50 day moving average price is $22.86 and its two-hundred day moving average price is $17.90.

THK (OTCMKTS:THKLY) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.14 EPS for the quarter. The business had revenue of $440.05 million for the quarter.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of THK from a “strong sell” rating to a “neutral” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, THK has an average rating of “Reduce”.

THK Company Profile

THK Co, Ltd. is a global manufacturer specializing in mechanical components that enable precise linear and rotational motion. Founded in 1971 and headquartered in Tokyo, Japan, the company pioneered the development of rolling-element linear motion guides, introducing its first “LM Guide” in 1972. Over the decades, THK has expanded its product portfolio to include linear actuators, ball screws, spherical joints, and mechatronic systems designed for automation and high-precision applications.

THK’s core offerings serve a broad range of industries, including machine tools, semiconductor manufacturing, medical devices, robotics, and aerospace.