Short Interest in THK Co., Ltd. (OTCMKTS:THKLY) Declines By 92.5%

THK Co., Ltd. (OTCMKTS:THKLY) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,700 shares, a decline of 92.5% from the December 15th total of 35,800 shares. Based on an average daily trading volume, of 97,900 shares, the days-to-cover ratio is currently 0.0 days.

THK Stock Performance

Shares of OTCMKTS THKLY traded up $0.02 during midday trading on Tuesday, reaching $11.05. 26,031 shares of the stock were exchanged, compared to its average volume of 23,506. The company has a quick ratio of 3.34, a current ratio of 4.09 and a debt-to-equity ratio of 0.20. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 30.70 and a beta of 0.91. The firm has a 50-day simple moving average of $11.25 and a two-hundred day simple moving average of $9.65. THK has a twelve month low of $7.68 and a twelve month high of $12.45.

THK Company Profile

THK Co, Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.