NSK Ltd. (OTCMKTS:NPSKY) Sees Large Decrease in Short Interest

NSK Ltd. (OTCMKTS:NPSKY) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 85.7% from the February 28th total of 700 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

NSK Price Performance

OTCMKTS:NPSKY remained flat at $9.53 during trading hours on Thursday. The company had a trading volume of 2 shares, compared to its average volume of 677. NSK has a 12 month low of $7.87 and a 12 month high of $11.84. The company has a 50 day moving average of $8.70 and a two-hundred day moving average of $9.01. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 2.04.

NSK Company Profile

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its 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, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.