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

THK Co., Ltd. (OTCMKTS:THKLY) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 22,900 shares, a growth of 67.2% from the August 15th total of 13,700 shares. Based on an average daily trading volume, of 37,500 shares, the short-interest ratio is presently 0.6 days.

THK Trading Down 2.9 %

THKLY stock traded down $0.25 during trading on Friday, hitting $8.47. The company had a trading volume of 14,822 shares, compared to its average volume of 19,623. The firm has a market capitalization of $2.20 billion, a P/E ratio of 22.95 and a beta of 0.78. THK has a 52-week low of $7.68 and a 52-week high of $12.15. The company has a 50 day simple moving average of $8.98 and a 200-day simple moving average of $9.98. The company has a quick ratio of 3.34, a current ratio of 4.51 and a debt-to-equity ratio of 0.21.

THK (OTCMKTS:THKLY) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 EPS for the quarter. The company had revenue of $607.63 million for the quarter. THK had a net margin of 3.82% and a return on equity of 3.45%. As a group, research analysts forecast that THK will post 0.53 earnings per share for the current fiscal year.

THK Company Profile

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.