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

Nokian Renkaat Oyj (OTCMKTS:NKRKY) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,600 shares, an increase of 55.6% from the February 28th total of 3,600 shares. Based on an average trading volume of 14,600 shares, the short-interest ratio is presently 0.4 days.

Nokian Renkaat Oyj Price Performance

Shares of Nokian Renkaat Oyj stock opened at $3.44 on Friday. The firm has a fifty day moving average price of $3.52 and a 200 day moving average price of $3.94. Nokian Renkaat Oyj has a 1 year low of $3.16 and a 1 year high of $5.05.

Nokian Renkaat Oyj (OTCMKTS:NKRKY) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.02 earnings per share for the quarter.

Nokian Renkaat Oyj Company Profile

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