JTEKT Co. (OTCMKTS:JTEKY) Sees Significant Growth in Short Interest

JTEKT Co. (OTCMKTS:JTEKY – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 3 shares. Based on an average trading volume of 30 shares, the days-to-cover ratio is presently 0.1 days.

JTEKT Stock Performance

OTCMKTS:JTEKY opened at $40.00 on Monday. The business has a 50 day simple moving average of $39.88 and a 200 day simple moving average of $35.71. JTEKT has a 12-month low of $30.95 and a 12-month high of $40.00.

JTEKT Company Profile

(Get Free Report)

JTEKT Corporation is a Japan-based manufacturer of automotive components and industrial equipment. The company develops and produces steering systems, driveline components, bearings and other products used by vehicle manufacturers, industrial machinery producers and a range of other customers.

Its product portfolio includes electric power steering systems, manual and automatic transmissions and related driveline technologies, as well as automotive and industrial bearings. JTEKT also supplies machine tools and mechatronics equipment for manufacturing applications.

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