Short Interest in Nokian Renkaat Oyj (OTCMKTS:NKRKY) Drops By 97.6%

Nokian Renkaat Oyj (OTCMKTS:NKRKY) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 300 shares, a decrease of 97.6% from the August 15th total of 12,500 shares. Based on an average trading volume of 7,900 shares, the short-interest ratio is currently 0.0 days.

Nokian Renkaat Oyj Stock Down 2.0 %

Shares of OTCMKTS NKRKY traded down $0.09 during midday trading on Thursday, hitting $4.51. The company had a trading volume of 600 shares, compared to its average volume of 3,698. Nokian Renkaat Oyj has a twelve month low of $3.26 and a twelve month high of $5.05. The business has a 50-day simple moving average of $4.45 and a two-hundred day simple moving average of $4.50.

About Nokian Renkaat Oyj

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans.