Nexteer Automotive Group Limited (OTCMKTS:NTXVF – Get Free Report) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 44,000 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Nexteer Automotive Group Stock Performance
Nexteer Automotive Group stock remained flat at $0.51 during midday trading on Friday. The business’s 50 day simple moving average is $0.64 and its 200-day simple moving average is $0.76. Nexteer Automotive Group has a twelve month low of $0.51 and a twelve month high of $1.16.
Nexteer Automotive Group Company Profile
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.
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