THK Co., Ltd. (OTCMKTS:THKLY) Sees Significant Growth in Short Interest

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

THK Price Performance

THK stock traded down $0.06 during midday trading on Friday, reaching $8.69. 21,905 shares of the stock traded hands, compared to its average volume of 43,792. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.41 and a current ratio of 4.53. The company has a 50-day simple moving average of $9.32 and a two-hundred day simple moving average of $10.19. THK has a 12-month low of $8.56 and a 12-month high of $12.15.

THK (OTCMKTS:THKLY) last posted its earnings results on Friday, May 10th. The company reported $0.05 EPS for the quarter. THK had a net margin of 3.88% and a return on equity of 3.55%. The firm had revenue of $573.25 million for the quarter. Analysts expect 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.