Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Sees Large Increase in Short Interest

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 406,000 shares, an increase of 30.1% from the February 13th total of 312,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Nexteer Automotive Group Price Performance

Shares of OTCMKTS:NTXVF traded up $0.01 during midday trading on Tuesday, reaching $0.68. 2,000 shares of the company’s stock were exchanged, compared to its average volume of 3,650. Nexteer Automotive Group has a 12 month low of $0.32 and a 12 month high of $0.68. The company’s 50 day simple moving average is $0.49 and its two-hundred day simple moving average is $0.41.

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.