THK Co., Ltd. (OTCMKTS:THKLY) Sees Large Increase in Short Interest

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

THK Trading Up 3.7 %

Shares of OTCMKTS THKLY traded up $0.40 during midday trading on Thursday, hitting $11.23. The company’s stock had a trading volume of 131,668 shares, compared to its average volume of 23,279. THK has a 12-month low of $7.68 and a 12-month high of $12.15. The company has a current ratio of 4.51, a quick ratio of 3.34 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.92 billion, a P/E ratio of 30.08 and a beta of 0.78. The business’s 50 day moving average is $8.59 and its two-hundred day moving average is $9.15.

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.