Short Interest in THK Co., Ltd. (OTCMKTS:THKLY) Expands By 84.2%

THK Co., Ltd. (OTCMKTS:THKLY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 3,500 shares, an increase of 84.2% from the May 31st total of 1,900 shares. Based on an average trading volume of 16,800 shares, the short-interest ratio is currently 0.2 days.

THK Price Performance

OTCMKTS:THKLY opened at $9.15 on Friday. THK has a one year low of $8.56 and a one year high of $12.15. The company has a quick ratio of 3.41, a current ratio of 4.53 and a debt-to-equity ratio of 0.26. The firm’s fifty day moving average is $10.04 and its two-hundred day moving average is $10.25.

THK (OTCMKTS:THKLY) last posted its quarterly earnings results on Friday, May 10th. The company reported $0.05 EPS for the quarter. THK had a net margin of 3.88% and a return on equity of 3.55%. The company had revenue of $573.25 million for the quarter. As a group, equities analysts forecast that THK will post 0.53 EPS for the current fiscal 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.