THK Co., Ltd. (OTCMKTS:THKLY) Short Interest Up 110.8% in April

THK Co., Ltd. (OTCMKTS:THKLY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 7,800 shares, a growth of 110.8% from the March 31st total of 3,700 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is currently 0.6 days.

THK Stock Down 0.5 %

Shares of THK stock traded down $0.05 during mid-day trading on Friday, reaching $10.82. 51,663 shares of the stock were exchanged, compared to its average volume of 6,460. The company has a current ratio of 4.53, a quick ratio of 3.41 and a debt-to-equity ratio of 0.26. The firm has a 50-day simple moving average of $11.14 and a 200 day simple moving average of $10.10. THK has a fifty-two week low of $8.56 and a fifty-two week high of $12.15.

THK (OTCMKTS:THKLY) last announced its earnings results on Wednesday, February 14th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. The business had revenue of $567.63 million during the quarter, compared to analysts’ expectations of $529.63 million. THK had a net margin of 5.22% and a return on equity of 5.04%. Analysts expect that THK will post 0.53 EPS for the current year.

About THK

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