Nexteer Automotive Group Limited (OTCMKTS:NTXVF – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 273,430 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average daily volume of 70 shares, the days-to-cover ratio is currently 3,906.1 days.
Nexteer Automotive Group Stock Performance
OTCMKTS:NTXVF opened at $0.56 on Friday. The stock’s 50-day moving average is $0.55 and its 200-day moving average is $0.68. Nexteer Automotive Group has a 1-year low of $0.51 and a 1-year high of $1.16.
Nexteer Automotive Group Company Profile
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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