Nokian Renkaat Oyj (OTCMKTS:NKRKF) Short Interest Up 47.1% in February

Nokian Renkaat Oyj (OTCMKTS:NKRKF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,507,600 shares, an increase of 47.1% from the February 13th total of 1,025,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Nokian Renkaat Oyj Stock Performance

Shares of OTCMKTS:NKRKF remained flat at $6.63 during trading on Friday. The stock’s 50 day simple moving average is $7.19 and its two-hundred day simple moving average is $7.99. Nokian Renkaat Oyj has a 52-week low of $6.63 and a 52-week high of $9.64.

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.