Nabtesco Co. (OTCMKTS:NCTKY – Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 4,466 shares, a growth of 231.3% from the July 15th total of 1,348 shares. Based on an average daily trading volume, of 4,531 shares, the days-to-cover ratio is presently 1.0 days.
Nabtesco Stock Performance
OTCMKTS:NCTKY remained flat at $16.79 during mid-day trading on Thursday. 520 shares of the company traded hands, compared to its average volume of 5,334. The firm’s 50-day moving average is $15.96 and its 200-day moving average is $15.56. Nabtesco has a 12 month low of $8.44 and a 12 month high of $19.46.
Nabtesco Company Profile
Nabtesco Corporation, headquartered in Tokyo, Japan, is a leading global supplier of precision equipment and motion control systems. The company was established in 2003 through the integration of Teijin Seiki Co, Ltd. and Nabco Ltd., drawing on a long heritage of engineering expertise dating back to the mid-20th century. Since its founding, Nabtesco has focused on delivering advanced mechanical and electronic components that enhance safety, reliability and efficiency across a variety of industries.
At the core of Nabtesco’s offering are its precision reduction gears and servo actuators, which provide high-accuracy motion control for industrial automation, robotics and factory machinery.
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