Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Down 17.3% in February

Nokian Renkaat Oyj (OTCMKTS:NKRKF) was the target of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,025,000 shares, a decrease of 17.3% from the January 31st total of 1,238,900 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 2,562.5 days.

Nokian Renkaat Oyj Price Performance

NKRKF remained flat at $6.63 on Wednesday. The business’s 50 day moving average price is $7.37 and its 200 day moving average price is $8.07. Nokian Renkaat Oyj has a 1 year low of $6.63 and a 1 year 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.