NGK Insulators, Ltd. (OTCMKTS:NGKIF) Short Interest Down 64.2% in April

NGK Insulators, Ltd. (OTCMKTS:NGKIFGet Rating) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 298,100 shares, a drop of 64.2% from the March 31st total of 831,800 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 331.2 days.

Shares of NGK Insulators stock opened at $13.60 on Thursday. The business has a fifty day simple moving average of $14.56 and a 200-day simple moving average of $16.04. NGK Insulators has a 12 month low of $13.60 and a 12 month high of $19.10.

NGK Insulators Company Profile (Get Rating)

NGK Insulators, Ltd., together with its subsidiaries, manufactures and sells electric power related equipment in Japan and internationally. It operates through Energy Infrastructure Business, Ceramic Products Business, Electronics Business, and Process Technology Business segments. The company offers insulators, NAS, and zinc rechargeable batteries; HONEYCERAM, a ceramic substrate for automotive catalytic converters; energy-efficient products, including diesel particulate filters and gasoline particulate filters; and NOx sensors, which measures nitrogen oxide concentration in automobile exhaust.

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