Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Up 28.0% in December

Nokian Renkaat Oyj (OTCMKTS:NKRKF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 2,097,200 shares, an increase of 28.0% from the November 30th total of 1,638,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 20,972.0 days.

Nokian Renkaat Oyj Stock Performance

OTCMKTS:NKRKF remained flat at $7.66 during mid-day trading on Tuesday. The firm has a 50 day moving average price of $8.58 and a 200-day moving average price of $8.35. Nokian Renkaat Oyj has a 12 month low of $7.66 and a 12 month high of $9.64.

Nokian Renkaat Oyj Company Profile

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans.