Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) Short Interest Up 21.6% in October

Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 10,086,700 shares, a growth of 21.6% from the October 15th total of 8,291,600 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 862.1 days.

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

Shares of OTCMKTS NMAKF remained flat at C$0.10 during mid-day trading on Friday. The company has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.13. Nemak, S. A. B. de C. V. has a 1-year low of C$0.10 and a 1-year high of C$0.25.

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

Nemak, S. A. B. de C. V. develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally. It offers powertrain components, such as cylinder heads, engine blocks, transmission cases, and other ICE powertrain and auto parts; structural parts, including longitudinal members, shock towers, and subframes; and e-mobility components comprising e-drive, battery housings, and others.