Thk Co., Ltd. (OTCMKTS:THKLY) Short Interest Down 96.6% in May

Thk Co., Ltd. (OTCMKTS:THKLY) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,021 shares, a decrease of 96.6% from the April 30th total of 29,929 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,513 shares, the days-to-cover ratio is presently 0.7 days.

THK Stock Down 3.9%

OTCMKTS THKLY traded down $0.92 on Wednesday, reaching $22.42. The company had a trading volume of 641 shares, compared to its average volume of 3,534. The firm has a market capitalization of $5.34 billion, a PE ratio of 74.73 and a beta of 1.05. THK has a 1 year low of $11.93 and a 1 year high of $24.23. The firm has a 50-day moving average of $18.33 and a 200-day moving average of $15.57. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.83 and a quick ratio of 2.18.

THK (OTCMKTS:THKLY) last released its quarterly earnings results on Monday, May 11th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $440.05 million during the quarter. THK had a return on equity of 1.93% and a net margin of 1.85%.

THK Company Profile

THK Co, Ltd. is a global manufacturer specializing in mechanical components that enable precise linear and rotational motion. Founded in 1971 and headquartered in Tokyo, Japan, the company pioneered the development of rolling-element linear motion guides, introducing its first “LM Guide” in 1972. Over the decades, THK has expanded its product portfolio to include linear actuators, ball screws, spherical joints, and mechatronic systems designed for automation and high-precision applications.

THK’s core offerings serve a broad range of industries, including machine tools, semiconductor manufacturing, medical devices, robotics, and aerospace.