Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) Short Interest Up 21.6% in October

Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 10,086,700 shares, a growth of 21.6% from the October 15th total of 8,291,600 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is currently 862.1 days.

Nemak, S. A. B. de C. V. Stock Performance

Nemak, S. A. B. de C. V. stock remained flat at C$0.10 during midday trading on Friday. Nemak, S. A. B. de C. V. has a 52-week low of C$0.10 and a 52-week high of C$0.25. The company’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.13.

About Nemak, S. A. B. de C. V.

Nemak, S. A. B. de C. V. develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally. It offers powertrain components, such as cylinder heads, engine blocks, transmission cases, and other ICE powertrain and auto parts; structural parts, including longitudinal members, shock towers, and subframes; and e-mobility components comprising e-drive, battery housings, and others.