Nokian Renkaat Oyj (OTCMKTS:NKRKF) Sees Significant Growth in Short Interest

Nokian Renkaat Oyj (OTCMKTS:NKRKF – Get Rating) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 50,500 shares, a growth of 60.8% from the March 31st total of 31,400 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 168.3 days.

Nokian Renkaat Oyj stock remained flat at $$13.99 during midday trading on Friday. 10 shares of the company were exchanged, compared to its average volume of 825. The business has a 50-day moving average of $17.59 and a two-hundred day moving average of $30.00. Nokian Renkaat Oyj has a 1 year low of $13.99 and a 1 year high of $41.46.

Nokian Renkaat Oyj Company Profile (Get Rating)

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer and winter tires for cars and vans.

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