Short Interest in THK Co., Ltd. (OTCMKTS:THKLY) Increases By 146.3%

THK Co., Ltd. (OTCMKTS:THKLY) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 10,100 shares, a growth of 146.3% from the February 13th total of 4,100 shares. Based on an average daily volume of 44,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

THK Stock Performance

THKLY opened at $12.58 on Thursday. The company’s 50 day moving average is $12.09 and its 200 day moving average is $10.59. The company has a current ratio of 4.09, a quick ratio of 2.95 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 46.59 and a beta of 0.87. THK has a 12-month low of $7.68 and a 12-month high of $13.08.

THK (OTCMKTS:THKLY) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.03 earnings per share for the quarter. THK had a net margin of 2.94% and a return on equity of 2.69%. On average, equities research analysts predict that THK will post 0.48 EPS for the current year.

About THK

THK Co, Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.