Nokian Renkaat Oyj (OTCMKTS:NKRKY) Short Interest Up 80.0% in February

Nokian Renkaat Oyj (OTCMKTS:NKRKYGet Free Report) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,600 shares, an increase of 80.0% from the February 13th total of 2,000 shares. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is currently 0.3 days.

Nokian Renkaat Oyj Price Performance

OTCMKTS:NKRKY traded up $0.04 during mid-day trading on Friday, reaching $3.51. The company’s stock had a trading volume of 386 shares, compared to its average volume of 8,366. Nokian Renkaat Oyj has a 12-month low of $3.16 and a 12-month high of $5.05. The firm’s fifty day moving average price is $3.58 and its two-hundred day moving average price is $4.02.

Nokian Renkaat Oyj (OTCMKTS:NKRKYGet Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.02 earnings per share (EPS) for the quarter.

About Nokian Renkaat Oyj

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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.

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