Nabtesco Co. (OTCMKTS:NCTKF) Short Interest Up 23.9% in May

Nabtesco Co. (OTCMKTS:NCTKF – Get Rating) was the recipient of a large increase in short interest in May. As of May 31st, there was short interest totalling 483,500 shares, an increase of 23.9% from the May 15th total of 390,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 4,835.0 days.

Shares of NCTKF opened at $21.70 on Friday. The firm has a market cap of $2.66 billion, a PE ratio of 3.93 and a beta of 1.70. Nabtesco has a 52-week low of $21.70 and a 52-week high of $26.26. The business’s 50 day moving average price is $23.07 and its two-hundred day moving average price is $26.34. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.25 and a current ratio of 1.48.

Nabtesco Company Profile (Get Rating)

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. It operates through Component Solutions, Transport Solutions, and Accessibility Solutions segments. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, door operating units, test equipment, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.

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