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 in 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 trading volume, of 700 shares, the days-to-cover ratio is presently 1.1 days.

NSK Stock Performance

OTCMKTS:NPSKY traded up $0.46 during trading hours on Tuesday, hitting $9.12. 983 shares of the stock were exchanged, compared to its average volume of 302. The company’s 50 day moving average is $8.62 and its two-hundred day moving average is $9.41. NSK has a twelve month low of $7.87 and a twelve month high of $11.84. The company has a quick ratio of 1.39, a current ratio of 2.04 and a debt-to-equity ratio of 0.35.

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.