Short Interest in Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Declines By 37.7%

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 202,000 shares, a decline of 37.7% from the January 15th total of 324,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Nexteer Automotive Group Price Performance

OTCMKTS NTXVF opened at $0.48 on Thursday. The business has a 50-day moving average price of $0.41 and a 200-day moving average price of $0.39. Nexteer Automotive Group has a twelve month low of $0.32 and a twelve month high of $0.51.

About Nexteer Automotive Group

Nexteer Automotive Group Limited, a motion control technology company, develop, manufacture, and supply advanced steering and driveline systems to original equipment manufacturer worldwide. It offers electric power steering (EPS) products, which includes column assist electric power steering, intermediate shafts, EPS rack and pinion gears, single and dual pinion assist, and rack-assisted EPS, modular power pack, steer-by-wire, EPS remanufacturing, and automated steering actuator, as well as availability, output, and modular EPS.