Short Interest in NGK Insulators, Ltd. (OTCMKTS:NGKIF) Declines By 46.6%

NGK Insulators, Ltd. (OTCMKTS:NGKIF) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 308,600 shares, a decline of 46.6% from the November 30th total of 577,900 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 1,543.0 days.

NGK Insulators Price Performance

OTCMKTS:NGKIF remained flat at $12.08 during midday trading on Friday. 5 shares of the company traded hands, compared to its average volume of 567. The stock has a fifty day moving average of $12.83 and a two-hundred day moving average of $12.57. NGK Insulators has a 12-month low of $11.12 and a 12-month high of $13.95.

NGK Insulators Company Profile

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.