Short Interest in NSK Ltd. (OTCMKTS:NPSKY) Declines By 86.6%

NSK Ltd. (OTCMKTS:NPSKY) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 174 shares, a drop of 86.6% from the April 15th total of 1,296 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,158 shares, the short-interest ratio is presently 0.2 days.

NSK Stock Performance

OTCMKTS NPSKY remained flat at $16.74 on Tuesday. 71 shares of the company were exchanged, compared to its average volume of 370. NSK has a twelve month low of $8.42 and a twelve month high of $18.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.45 and a current ratio of 2.14. The company’s 50 day moving average price is $15.34 and its 200-day moving average price is $13.78. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 39.85 and a beta of 0.61.

NSK (OTCMKTS:NPSKY) last posted its earnings results on Tuesday, May 12th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.16 by $0.08.

NSK Company Profile

NSK Ltd. is a Japan-based manufacturer specializing in the design, production and sale of bearings, automotive components and precision machinery. Established in 1916 and headquartered in Tokyo, the company has built a reputation for high-quality rolling bearings, linear motion products and mechatronic systems used in a wide range of industrial and automotive applications.

The company’s product portfolio encompasses deep groove ball bearings, cylindrical roller bearings, spherical roller bearings and thin-section bearings, along with automotive steering and driveline components.