Nabtesco (OTCMKTS:NCTKF) Short Interest Update

Nabtesco (OTCMKTS:NCTKF) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 211,168 shares, a growth of 81.6% from the June 30th total of 116,262 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 116 shares, the days-to-cover ratio is presently 1,820.4 days.

Nabtesco Price Performance

Shares of Nabtesco stock remained flat at $28.24 during midday trading on Thursday. The stock has a 50 day simple moving average of $32.98 and a 200 day simple moving average of $29.05. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.51. The company has a market capitalization of $3.31 billion, a P/E ratio of 31.03 and a beta of 0.27. Nabtesco has a 52 week low of $22.77 and a 52 week high of $37.00.

Nabtesco (OTCMKTS:NCTKF) last announced its earnings results on Thursday, April 30th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.25 by $0.05. The company had revenue of $524.07 million during the quarter, compared to the consensus estimate of $489.36 million.

About Nabtesco

Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.

Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.