Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Down 20.5% in December

Nokian Renkaat Oyj (OTCMKTS:NKRKF) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,666,600 shares, a decline of 20.5% from the December 15th total of 2,097,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 16,666.0 days.

Nokian Renkaat Oyj Price Performance

Nokian Renkaat Oyj stock remained flat at $7.66 during midday trading on Friday. Nokian Renkaat Oyj has a 52-week low of $7.66 and a 52-week high of $9.64. The firm has a fifty day simple moving average of $8.06 and a 200-day simple moving average of $8.29.

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.