THK Co., Ltd. (OTCMKTS:THKLY) Short Interest Up 322.3% in November

THK Co., Ltd. (OTCMKTS:THKLY) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 58,700 shares, a growth of 322.3% from the October 31st total of 13,900 shares. Based on an average daily trading volume, of 121,400 shares, the short-interest ratio is presently 0.5 days.

THK Stock Performance

OTCMKTS:THKLY traded down $0.21 on Wednesday, reaching $11.79. 16,116 shares of the company’s stock were exchanged, compared to its average volume of 24,448. The stock has a fifty day simple moving average of $9.14 and a 200-day simple moving average of $9.17. THK has a 52 week low of $7.68 and a 52 week high of $12.15. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.51 and a quick ratio of 3.34. The firm has a market cap of $3.06 billion, a price-to-earnings ratio of 32.75 and a beta of 0.78.

About THK

THK Co, Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.