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

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

THK Price Performance

OTCMKTS:THKLY traded up $0.16 during trading hours on Friday, reaching $10.98. The company had a trading volume of 52,437 shares, compared to its average volume of 8,885. The company has a current ratio of 4.53, a quick ratio of 3.41 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average price is $11.16 and its 200-day moving average price is $10.11. THK has a 1-year low of $8.56 and a 1-year high of $12.15.

THK (OTCMKTS:THKLY) last announced its earnings results on Wednesday, February 14th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.06. The business had revenue of $567.63 million during 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%. Analysts anticipate 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 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.