Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Up 47.1% in February

Nokian Renkaat Oyj (OTCMKTS:NKRKF) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,507,600 shares, an increase of 47.1% from the February 13th total of 1,025,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Nokian Renkaat Oyj Stock Performance

NKRKF remained flat at $6.63 on Friday. Nokian Renkaat Oyj has a 12-month low of $6.63 and a 12-month high of $9.64. The stock’s 50 day simple moving average is $7.19 and its 200 day simple moving average is $7.99.

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.