THK Co., Ltd. (OTCMKTS:THKLY) Sees Significant Growth in Short Interest

THK Co., Ltd. (OTCMKTS:THKLY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 35,800 shares, a growth of 90.4% from the November 30th total of 18,800 shares. Based on an average daily trading volume, of 46,100 shares, the days-to-cover ratio is presently 0.8 days.

THK Price Performance

Shares of OTCMKTS:THKLY opened at $11.64 on Friday. THK has a 1-year low of $7.68 and a 1-year high of $12.45. The company has a current ratio of 4.09, a quick ratio of 3.34 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.02 billion, a PE ratio of 32.33 and a beta of 0.90. The stock’s fifty day simple moving average is $10.54 and its two-hundred day simple moving average is $9.46.

About THK

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.