Short Interest in NGK Insulators, Ltd. (OTCMKTS:NGKIF) Expands By 25.0%

NGK Insulators, Ltd. (OTCMKTS:NGKIF) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 897,500 shares, an increase of 25.0% from the October 31st total of 718,000 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 4,487.5 days.

NGK Insulators Price Performance

Shares of NGK Insulators stock opened at $12.88 on Monday. The company’s fifty day moving average is $12.78 and its two-hundred day moving average is $12.63. NGK Insulators has a 1 year low of $11.12 and a 1 year high of $13.95.

NGK Insulators Company Profile

NGK Insulators, Ltd., together with its subsidiaries, manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others. The company operates through Environment Business, Digital Society Business, and Energy & Industry Business segments. It offers energy storage systems, including NAS batteries; suspension, long rod, station post, hollow, and pin post insulators, as well as hardware for insulator assemblies, and power equipment comprising bushing; HONEYCERAM, a component for exhaust gas purification; diesel particulate filters that eliminates particulates in the exhaust gas emitted from diesel automobiles; and NOx sensors, which measures NOx concentration in motor vehicle exhaust gas.