Nabtesco Co. (OTCMKTS:NCTKY – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,399 shares, a growth of 235.5% from the May 31st total of 417 shares. Based on an average daily volume of 3,452 shares, the short-interest ratio is presently 0.4 days.
Nabtesco Trading Down 4.0%
Shares of NCTKY opened at $16.51 on Friday. The stock has a fifty day moving average of $16.71 and a two-hundred day moving average of $14.83. Nabtesco has a fifty-two week low of $7.56 and a fifty-two week high of $19.46.
About Nabtesco
Nabtesco Corporation, headquartered in Tokyo, Japan, is a leading global supplier of precision equipment and motion control systems. The company was established in 2003 through the integration of Teijin Seiki Co, Ltd. and Nabco Ltd., drawing on a long heritage of engineering expertise dating back to the mid-20th century. Since its founding, Nabtesco has focused on delivering advanced mechanical and electronic components that enhance safety, reliability and efficiency across a variety of industries.
At the core of Nabtesco’s offering are its precision reduction gears and servo actuators, which provide high-accuracy motion control for industrial automation, robotics and factory machinery.
See Also
- Five stocks we like better than Nabtesco
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
Receive News & Ratings for Nabtesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nabtesco and related companies with MarketBeat.com's FREE daily email newsletter.
