NGK Insulators, Ltd. (OTCMKTS:NGKIF – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 83,120 shares, an increase of 49.7% from the August 31st total of 55,529 shares. Based on an average daily volume of 2 shares, the days-to-cover ratio is presently 41,560.0 days.
NGK Insulators Stock Performance
NGK Insulators stock traded up $0.33 during trading hours on Thursday, hitting $32.02. NGK Insulators has a fifty-two week low of $16.50 and a fifty-two week high of $48.45. The company’s 50 day simple moving average is $33.68 and its 200-day simple moving average is $34.97.
About NGK Insulators
NGK Insulators, Ltd. is a Japan-based manufacturer of advanced ceramic products and systems for the electric power, industrial, automotive and environmental markets. The company develops materials and technologies designed to support electricity transmission, energy storage, emissions control and industrial processing.
Its products include electrical insulators and related equipment for power networks, ceramic substrates and components, industrial ceramics, automotive sensors and emissions-control products.
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