THK Co., Ltd. (OTCMKTS:THKLY) Short Interest Down 64.5% in May

THK Co., Ltd. (OTCMKTS:THKLY – Get Rating) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 2,200 shares, a decline of 64.5% from the April 30th total of 6,200 shares. Based on an average trading volume of 6,100 shares, the days-to-cover ratio is presently 0.4 days.

THK Price Performance

Shares of THKLY traded down $0.06 on Friday, hitting $10.97. The company’s stock had a trading volume of 10,814 shares, compared to its average volume of 8,538. The company has a market capitalization of $2.85 billion, a PE ratio of 16.15 and a beta of 1.13. THK has a fifty-two week low of $7.98 and a fifty-two week high of $11.98. The company has a 50 day moving average price of $11.13 and a 200 day moving average price of $10.44.

About THK

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THK CO., LTD. engages in the manufacture and sale of components for industrial and transportation equipment. It offers machinery parts such as linear motion guides and ball screws, and transportation equipment parts such as link ball and suspension ball joints. It operates through the following geographical segments: Japan, Americas, Europe, China, and Others.