Nabtesco Co. (OTCMKTS:NCTKY) Short Interest Update

Nabtesco Co. (OTCMKTS:NCTKY) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 600 shares, an increase of 20.0% from the August 31st total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 6.0 days.

Nabtesco Stock Performance

OTCMKTS:NCTKY remained flat at $9.12 on Monday. 75 shares of the company’s stock were exchanged, compared to its average volume of 1,681. Nabtesco has a 1-year low of $7.00 and a 1-year high of $13.98. The stock’s 50 day moving average is $8.74 and its two-hundred day moving average is $8.71.

About Nabtesco

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. 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, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.