NSK Ltd. (OTCMKTS:NPSKY) Short Interest Up 300.0% in January

NSK Ltd. (OTCMKTS:NPSKY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 800 shares, an increase of 300.0% from the December 31st total of 200 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 1.1 days.

NSK Stock Performance

NSK stock traded up $0.46 during mid-day trading on Tuesday, reaching $9.12. The company had a trading volume of 983 shares, compared to its average volume of 302. The company has a 50 day moving average of $8.62 and a 200-day moving average of $9.41. NSK has a 52 week low of $7.87 and a 52 week high of $11.84. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.04 and a quick ratio of 1.39.

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.