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

by · The Cerbat Gem

THK Co., Ltd. (OTCMKTS:THKLY – Get Free Report) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,700 shares, a decline of 92.5% from the December 15th total of 35,800 shares. Based on an average trading volume of 97,900 shares, the short-interest ratio is currently 0.0 days.

THK Trading Down 3.6 %

Shares of OTCMKTS THKLY traded down $0.41 during trading on Monday, reaching $11.07. The stock had a trading volume of 11,970 shares, compared to its average volume of 22,412. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.34 and a current ratio of 4.09. The company has a market cap of $2.88 billion, a P/E ratio of 30.76 and a beta of 0.91. THK has a fifty-two week low of $7.68 and a fifty-two week high of $12.45. The business’s 50-day moving average price is $11.19 and its 200-day moving average price is $9.63.

About THK

(Get Free Report)

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.

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