Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) Short Interest Update

Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 103,431 shares, a growth of 233.3% from the August 31st total of 31,029 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Nemak, S. A. B. de C. V. Stock Performance

Shares of Nemak, S. A. B. de C. V. stock remained flat at C$0.18 during midday trading on Friday. The stock has a 50 day simple moving average of C$0.18 and a 200 day simple moving average of C$0.19. Nemak, S. A. B. de C. V. has a 52 week low of C$0.17 and a 52 week high of C$0.22.

Nemak, S. A. B. de C. V. Company Profile

(Get Free Report)

Nemak, SAB. de C.V. is a global manufacturer of lightweight aluminum components for the automotive industry. Headquartered in Monterrey, Mexico, the company specializes in the design, development and production of critical engine and structural parts that help automakers improve fuel efficiency and reduce emissions.

Founded in 1979 as part of the Alfa industrial conglomerate, Nemak has developed advanced high-pressure die casting, machining and assembly capabilities. Its core product portfolio includes aluminum cylinder heads, engine blocks and e-mobility solutions such as battery housings and structural parts for hybrid and electric vehicles.

Nemak serves a diverse customer base of global automakers and tier-one suppliers, supplying components for internal combustion, hybrid and electric powertrains.

Further Reading

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