Short Interest in Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Declines By 37.7%

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 202,000 shares, a drop of 37.7% from the January 15th total of 324,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Nexteer Automotive Group Stock Performance

OTCMKTS NTXVF opened at $0.48 on Thursday. The business’s fifty day moving average is $0.41 and its 200 day moving average is $0.39. Nexteer Automotive Group has a fifty-two week low of $0.32 and a fifty-two week high of $0.51.

About Nexteer Automotive Group

Nexteer Automotive Group Limited, a motion control technology company, develop, manufacture, and supply advanced steering and driveline systems to original equipment manufacturer worldwide. It offers electric power steering (EPS) products, which includes column assist electric power steering, intermediate shafts, EPS rack and pinion gears, single and dual pinion assist, and rack-assisted EPS, modular power pack, steer-by-wire, EPS remanufacturing, and automated steering actuator, as well as availability, output, and modular EPS.