NSK Ltd. (OTCMKTS:NPSKY) Sees Large Increase in Short Interest

NSK Ltd. (OTCMKTS:NPSKY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 800 shares, a growth of 300.0% from the December 15th total of 200 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 1.1 days.

NSK Stock Down 1.2 %

Shares of NPSKY traded down $0.10 during mid-day trading on Monday, hitting $7.87. 393 shares of the company’s stock were exchanged, compared to its average volume of 298. NSK has a fifty-two week low of $7.87 and a fifty-two week high of $11.84. The stock’s 50-day moving average is $8.71 and its 200-day moving average is $9.47.

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.