Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) Short Interest Update

Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 103,431 shares, a growth of 233.3% from the August 31st total of 31,029 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Nemak, S. A. B. de C. V. Price Performance

Shares of OTCMKTS NMAKF remained flat at C$0.18 during midday trading on Friday. The company has a 50-day moving average of C$0.18 and a 200-day moving average of C$0.19. Nemak, S. A. B. de C. V. has a fifty-two week low of C$0.17 and a fifty-two week high of C$0.22.

Nemak, S. A. B. de C. V. Company Profile

Nemak, SAB. de C.V. is a global manufacturer of lightweight aluminum components for the automotive industry. Headquartered in Monterrey, Mexico, the company specializes in the design, development and production of critical engine and structural parts that help automakers improve fuel efficiency and reduce emissions.

Founded in 1979 as part of the Alfa industrial conglomerate, Nemak has developed advanced high-pressure die casting, machining and assembly capabilities. Its core product portfolio includes aluminum cylinder heads, engine blocks and e-mobility solutions such as battery housings and structural parts for hybrid and electric vehicles.

Nemak serves a diverse customer base of global automakers and tier-one suppliers, supplying components for internal combustion, hybrid and electric powertrains.