Short Interest in NGK Insulators, Ltd. (OTCMKTS:NGKIF) Drops By 35.6%

NGK Insulators, Ltd. (OTCMKTS:NGKIF) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 577,900 shares, a decrease of 35.6% from the November 15th total of 897,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 2,889.5 days.

NGK Insulators Stock Performance

Shares of NGK Insulators stock remained flat at $12.90 on Friday. The stock had a trading volume of 25 shares, compared to its average volume of 578. The company has a fifty day moving average price of $12.86 and a 200 day moving average price of $12.62. NGK Insulators has a 52 week low of $11.12 and a 52 week high of $13.95.

About NGK Insulators

NGK Insulators, Ltd., together with its subsidiaries, manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others. The company operates through Environment Business, Digital Society Business, and Energy & Industry Business segments. It offers energy storage systems, including NAS batteries; suspension, long rod, station post, hollow, and pin post insulators, as well as hardware for insulator assemblies, and power equipment comprising bushing; HONEYCERAM, a component for exhaust gas purification; diesel particulate filters that eliminates particulates in the exhaust gas emitted from diesel automobiles; and NOx sensors, which measures NOx concentration in motor vehicle exhaust gas.