NSK Ltd. (OTCMKTS:NPSKY) Sees Significant Decline in Short Interest

NSK Ltd. (OTCMKTS:NPSKY - Get Free Report) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 85.7% from the February 28th total of 700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 400 shares, the short-interest ratio is presently 0.3 days.

NSK Stock Performance

Shares of OTCMKTS:NPSKY remained flat at $9.53 during mid-day trading on Friday. The company has a current ratio of 2.04, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average of $8.73 and a 200 day moving average of $9.01. NSK has a one year low of $7.87 and a one year high of $11.84.

About NSK

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.