After Reaching Milestone, Is N S K LTD ORD ORDINARY SHARES (OTCMKTS:NPSKF)’s Short Interest Revealing Something?
The stock of N S K LTD ORD ORDINARY SHARES (OTCMKTS:NPSKF) registered an increase of 157.39% in short interest. NPSKF’s total short interest was 1.04 million shares in May as published by FINRA. Its up 157.39% from 403,200 shares, reported previously. With 100 shares average volume, it will take short sellers 10378 days to cover their NPSKF’s short positions.
It closed at $15.1113 lastly. It is down 0.00% since May 3, 2017 and is . It has underperformed by 11.55% the S&P500.
NSK Ltd. manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts. The company has market cap of $. The Company’s 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, clean, high-temperature, non-magnetic requirement, and dust-contaminated environments. It currently has negative earnings. The firm also provides automotive products, which comprise chassis products, such as electric power steerings, steering column and intermediate shafts, and hub unit bearings; power train products comprising engine parts and electrical accessories; and drive train products consisting of automatic and manual transmission, products for motorcycles and all-terrain vehicles, half toroidal CVT POWERTOROS units, and differential gear and propeller shafts.
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