Nabtesco (OTCMKTS:NCTKF) Short Interest Update

Nabtesco (OTCMKTS:NCTKF) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 211,168 shares, an increase of 81.6% from the June 30th total of 116,262 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 116 shares, the short-interest ratio is currently 1,820.4 days.

Nabtesco Stock Performance

NCTKF stock traded up $0.33 on Friday, reaching $28.57. 285 shares of the company were exchanged, compared to its average volume of 236. The firm has a market capitalization of $3.35 billion, a PE ratio of 31.40 and a beta of 0.27. Nabtesco has a 12 month low of $22.77 and a 12 month high of $37.00. The stock’s fifty day moving average price is $32.80 and its 200 day moving average price is $29.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.51.

Nabtesco (OTCMKTS:NCTKF) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.17.

About Nabtesco

Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.

Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.