Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Sees Significant Drop in Short Interest

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 278,000 shares, a drop of 17.3% from the November 30th total of 336,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2,780.0 days.

Nexteer Automotive Group Stock Up 5.5 %

Shares of OTCMKTS NTXVF traded up $0.02 during trading on Tuesday, hitting $0.41. The company had a trading volume of 6,000 shares, compared to its average volume of 2,644. The stock has a fifty day simple moving average of $0.38 and a two-hundred day simple moving average of $0.41. Nexteer Automotive Group has a fifty-two week low of $0.32 and a fifty-two week high of $0.51.

Nexteer Automotive Group Company Profile

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.