Nexteer Automotive Group Limited (OTCMKTS:NTXVF – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 21,830,000 shares, a growth of 7,883.8% from the August 15th total of 273,430 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.
Nexteer Automotive Group Price Performance
Shares of NTXVF opened at $0.59 on Friday. Nexteer Automotive Group has a twelve month low of $0.51 and a twelve month high of $1.16. The stock’s 50 day moving average is $0.54 and its two-hundred day moving average is $0.66.
About Nexteer Automotive Group
Nexteer Automotive Group is a global supplier of advanced steering and driveline systems for the automotive industry. The company designs, engineers and manufactures electric and hydraulic power steering systems, steering columns, intermediate shafts and driveline modules for passenger cars, light trucks and commercial vehicles. Its product portfolio also includes advanced driver assistance system (ADAS) integration and steer-by-wire technologies aimed at improving vehicle safety, comfort and fuel efficiency.
Originally a division of General Motors, Nexteer became an independent entity in 2010 when it was acquired by the China-based automotive holdings firm Pacific Century Motors.
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