Short Interest in NGK Insulators, Ltd. (OTCMKTS:NGKIF) Grows By 25.0%

NGK Insulators, Ltd. (OTCMKTS:NGKIFGet Free Report) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 897,500 shares, a growth of 25.0% from the October 31st total of 718,000 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 4,487.5 days.

NGK Insulators Stock Performance

Shares of NGK Insulators stock remained flat at $12.88 during trading on Monday. The stock’s 50-day simple moving average is $12.78 and its 200-day simple moving average is $12.63. NGK Insulators has a 1-year low of $11.12 and a 1-year high of $13.95.

About NGK Insulators

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NGK Insulators, Ltd., together with its subsidiaries, manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others. The company operates through Environment Business, Digital Society Business, and Energy & Industry Business segments. It offers energy storage systems, including NAS batteries; suspension, long rod, station post, hollow, and pin post insulators, as well as hardware for insulator assemblies, and power equipment comprising bushing; HONEYCERAM, a component for exhaust gas purification; diesel particulate filters that eliminates particulates in the exhaust gas emitted from diesel automobiles; and NOx sensors, which measures NOx concentration in motor vehicle exhaust gas.

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