Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Sees Large Increase in Short Interest

Nexteer Automotive Group Limited (OTCMKTS:NTXVFGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 44,000 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Nexteer Automotive Group Price Performance

Shares of Nexteer Automotive Group stock opened at $0.51 on Thursday. The stock’s fifty day moving average is $0.65 and its two-hundred day moving average is $0.76. Nexteer Automotive Group has a 52 week low of $0.51 and a 52 week high of $1.16.

Nexteer Automotive Group Company Profile

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Nexteer Automotive Group is a global supplier of advanced steering and driveline systems for the automotive industry. The company designs, engineers and manufactures electric and hydraulic power steering systems, steering columns, intermediate shafts and driveline modules for passenger cars, light trucks and commercial vehicles. Its product portfolio also includes advanced driver assistance system (ADAS) integration and steer-by-wire technologies aimed at improving vehicle safety, comfort and fuel efficiency.

Originally a division of General Motors, Nexteer became an independent entity in 2010 when it was acquired by the China-based automotive holdings firm Pacific Century Motors.

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