Nexteer Automotive Group Limited (OTCMKTS:NTXVF – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 273,430 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 70 shares, the short-interest ratio is currently 3,906.1 days.
Nexteer Automotive Group Price Performance
Nexteer Automotive Group stock opened at $0.56 on Friday. The stock’s 50 day moving average is $0.55 and its 200 day moving average is $0.68. Nexteer Automotive Group has a one year low of $0.51 and a one year high of $1.16.
Nexteer Automotive Group Company Profile
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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