THK Co., Ltd. (OTCMKTS:THKLY) Short Interest Up 110.8% in April

THK Co., Ltd. (OTCMKTS:THKLY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 7,800 shares, an increase of 110.8% from the March 31st total of 3,700 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is presently 0.6 days.

THK Trading Up 1.5 %

Shares of OTCMKTS:THKLY traded up $0.16 during mid-day trading on Friday, hitting $10.98. 52,437 shares of the company traded hands, compared to its average volume of 8,885. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.41 and a current ratio of 4.53. THK has a 52-week low of $8.56 and a 52-week high of $12.15. The firm’s 50 day simple moving average is $11.16 and its 200 day simple moving average is $10.11.

THK (OTCMKTS:THKLY) last announced its earnings results on Wednesday, February 14th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06. The business had revenue of $567.63 million for the quarter, compared to the consensus estimate of $529.63 million. THK had a return on equity of 5.04% and a net margin of 5.22%. As a group, analysts forecast that THK will post 0.53 EPS for the current year.

About THK

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