Nabtesco Co. (OTCMKTS:NCTKY) Short Interest Update

Nabtesco Co. (OTCMKTS:NCTKY) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 4,832 shares, a decline of 39.7% from the August 31st total of 8,013 shares. Based on an average trading volume of 12,618 shares, the short-interest ratio is currently 0.4 days.

Nabtesco Price Performance

Shares of NCTKY traded down $0.37 during mid-day trading on Thursday, reaching $15.37. 639 shares of the company were exchanged, compared to its average volume of 5,324. The business has a 50 day simple moving average of $15.00 and a two-hundred day simple moving average of $15.57. Nabtesco has a 52 week low of $8.44 and a 52 week high of $19.46.

About Nabtesco

Nabtesco Corporation is a Japanese motion-control and equipment manufacturer serving industrial, transportation, and building-related markets. The company develops products designed to control movement, speed, and positioning in applications that require precision, reliability, and durability.

Its products include precision reduction gears and other components for industrial robots, factory automation equipment, and machinery. Nabtesco also supplies equipment for railway vehicles, commercial vehicles, aircraft, and marine applications, as well as hydraulic systems, automatic doors, and related building-control products.

Headquartered in Tokyo, Nabtesco serves customers in Japan and international markets through manufacturing, sales, and service operations.