Nabtesco Co. (OTCMKTS:NCTKF) Short Interest Update

Nabtesco Co. (OTCMKTS:NCTKF) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 161,300 shares, a decrease of 20.3% from the May 15th total of 202,300 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1,613.0 days.

Nabtesco Stock Performance

Shares of OTCMKTS NCTKF remained flat at $16.95 during mid-day trading on Friday. Nabtesco has a 52-week low of $15.95 and a 52-week high of $24.10. The business has a 50-day moving average of $17.66 and a two-hundred day moving average of $17.96.

Nabtesco (OTCMKTS:NCTKF) last posted its quarterly earnings results on Tuesday, April 30th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $486.36 million during the quarter. Nabtesco had a return on equity of 2.89% and a net margin of 3.60%. Equities analysts predict that Nabtesco will post 0.67 earnings per share for the current year.

Nabtesco Company Profile

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.