THK Co., Ltd. (OTCMKTS:THKLY) Short Interest Up 2,720.0% in July

THK Co., Ltd. (OTCMKTS:THKLY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 14,100 shares, a growth of 2,720.0% from the June 30th total of 500 shares. Based on an average daily volume of 44,900 shares, the short-interest ratio is presently 0.3 days.

THK Price Performance

OTCMKTS THKLY opened at $8.75 on Friday. THK has a 1-year low of $8.56 and a 1-year high of $12.15. The company has a quick ratio of 3.41, a current ratio of 4.53 and a debt-to-equity ratio of 0.26. The business’s 50-day simple moving average is $9.35 and its 200-day simple moving average is $10.19.

THK (OTCMKTS:THKLY) last released its quarterly earnings data on Friday, May 10th. The company reported $0.05 earnings per share for the quarter. The business had revenue of $573.25 million for the quarter. THK had a return on equity of 3.55% and a net margin of 3.88%. On average, research analysts anticipate that THK will post 0.53 earnings per share for the current year.

About THK

THK Co, Ltd. engages in the manufacture and sale of machine components in Japan, the Americas, Europe, China, and internationally. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings and tables, electric actuators and linear motor actuators, cam followers, roller followers, linear bushes, slide packs, slide rails, cross roller guides, linear ball slides, LM and flat rollers, spline nuts, LM strokes, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.