JTEKT Co. (OTCMKTS:JTEKY) Sees Large Increase in Short Interest

JTEKT Co. (OTCMKTS:JTEKY – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 3 shares. Based on an average daily trading volume, of 30 shares, the short-interest ratio is presently 0.1 days.

JTEKT Price Performance

Shares of OTCMKTS:JTEKY remained flat at $40.00 during midday trading on Friday. The stock had a trading volume of 9 shares, compared to its average volume of 150. JTEKT has a 1-year low of $30.95 and a 1-year high of $40.00. The business has a 50 day moving average of $39.88 and a two-hundred day moving average of $35.71.

About JTEKT

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JTEKT Corporation is a Japanese manufacturer that develops and supplies automotive and industrial components. Its principal products include steering systems, driveline components and bearings used in vehicles, machinery and other equipment. The company also manufactures machine tools and related production systems for industrial customers.

JTEKT’s automotive portfolio includes electric power steering systems and other technologies designed to support vehicle control, efficiency and electrification.

Further Reading

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