Short Interest in THK Co., Ltd. (OTCMKTS:THKLY) Increases By 131.7%

THK Co., Ltd. (OTCMKTS:THKLY) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 13,900 shares, an increase of 131.7% from the October 15th total of 6,000 shares. Based on an average daily volume of 83,800 shares, the short-interest ratio is presently 0.2 days.

THK Price Performance

OTCMKTS THKLY traded up $1.78 on Wednesday, hitting $10.32. 141,247 shares of the stock traded hands, compared to its average volume of 41,991. The business’s fifty day moving average is $8.55 and its two-hundred day moving average is $9.14. THK has a 12 month low of $7.68 and a 12 month high of $12.15. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.51 and a quick ratio of 3.34.

About THK

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