Short Interest in NSK Ltd. (OTCMKTS:NPSKY) Declines By 85.7%

NSK Ltd. (OTCMKTS:NPSKY) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 85.7% from the February 28th total of 700 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

NSK Price Performance

Shares of OTCMKTS NPSKY remained flat at $9.53 during mid-day trading on Friday. 27 shares of the company traded hands, compared to its average volume of 677. The company has a quick ratio of 1.39, a current ratio of 2.04 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average price is $8.71 and its 200 day moving average price is $9.02. NSK has a 12 month low of $7.87 and a 12 month high of $11.84.

NSK Company Profile

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.