Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Update

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

Nokian Renkaat Oyj Stock Performance

Nokian Renkaat Oyj stock remained flat at $6.63 during mid-day trading on Monday. The company has a fifty day simple moving average of $7.19 and a two-hundred day simple moving average of $7.99. Nokian Renkaat Oyj has a twelve month low of $6.63 and a twelve month high of $9.64.

About Nokian Renkaat Oyj

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.