NGK Insulators, Ltd. (OTCMKTS:NGKIF – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 102,171 shares, a decline of 76.7% from the September 30th total of 437,711 shares. Based on an average trading volume of 171 shares, the days-to-cover ratio is presently 597.5 days.
NGK Insulators Stock Performance
NGKIF stock remained flat at $37.09 during trading on Wednesday. 13 shares of the company were exchanged, compared to its average volume of 433. NGK Insulators has a 52-week low of $17.00 and a 52-week high of $48.45. The firm’s 50-day moving average is $34.58 and its 200 day moving average is $32.63.
NGK Insulators Company Profile
NGK Insulators, Ltd. is a Japan-based manufacturer of advanced ceramic products and systems for the electric power, industrial, automotive and electronics markets. The company develops materials and technologies designed to support power transmission, energy storage, emissions control and industrial processing.
Its products include electrical insulators and related equipment for power networks, NAS batteries for large-scale energy storage, ceramic components for semiconductor manufacturing, and industrial ceramics.
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