Short Interest in NSK Ltd. (OTCMKTS:NPSKY) Drops By 85.7%

NSK Ltd. (OTCMKTS:NPSKY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 100 shares, a drop of 85.7% from the February 28th total of 700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 400 shares, the short-interest ratio is currently 0.3 days.

NSK Stock Performance

NPSKY stock remained flat at $9.53 during trading on Wednesday. 5 shares of the company’s stock were exchanged, compared to its average volume of 677. The company has a fifty day moving average of $8.70 and a two-hundred day moving average of $9.01. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.04 and a quick ratio of 1.39. NSK has a 52-week low of $7.87 and a 52-week high of $11.84.

About NSK

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.