Thk Co., Ltd. (OTCMKTS:THKLY) Short Interest Down 96.6% in May

Thk Co., Ltd. (OTCMKTS:THKLY) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,021 shares, a decrease of 96.6% from the April 30th total of 29,929 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,513 shares, the days-to-cover ratio is currently 0.7 days.

THK Stock Down 3.9%

Shares of THK stock traded down $0.92 on Wednesday, hitting $22.42. 641 shares of the company’s stock traded hands, compared to its average volume of 3,534. The stock has a market cap of $5.34 billion, a P/E ratio of 74.73 and a beta of 1.05. The company has a quick ratio of 2.18, a current ratio of 2.83 and a debt-to-equity ratio of 0.34. The firm’s 50-day moving average is $18.33 and its 200 day moving average is $15.57. THK has a 52-week low of $11.93 and a 52-week high of $24.23.

THK (OTCMKTS:THKLY) last released its earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter. The company had revenue of $440.05 million during the quarter. THK had a return on equity of 1.93% and a net margin of 1.85%.

About THK

THK Co, Ltd. is a global manufacturer specializing in mechanical components that enable precise linear and rotational motion. Founded in 1971 and headquartered in Tokyo, Japan, the company pioneered the development of rolling-element linear motion guides, introducing its first “LM Guide” in 1972. Over the decades, THK has expanded its product portfolio to include linear actuators, ball screws, spherical joints, and mechatronic systems designed for automation and high-precision applications.

THK’s core offerings serve a broad range of industries, including machine tools, semiconductor manufacturing, medical devices, robotics, and aerospace.