Niterra Co., Ltd. (OTCMKTS:NGKSY – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 542 shares, a growth of 243.0% from the September 30th total of 158 shares. Based on an average trading volume of 330 shares, the days-to-cover ratio is currently 1.6 days.
Niterra Price Performance
NGKSY remained flat at $7.05 on Wednesday. 171 shares of the company were exchanged, compared to its average volume of 2,197. The firm has a 50 day moving average of $20.32 and a two-hundred day moving average of $23.99. Niterra has a 12-month low of $6.64 and a 12-month high of $10.87.
Niterra Company Profile
Niterra Co, Ltd., formerly known as NGK Spark Plug Co, Ltd., is a Japan-based manufacturer of automotive components and advanced ceramic products. The company changed its corporate name to Niterra in 2023 to reflect its broader business portfolio beyond spark plugs.
Niterra’s automotive business develops and supplies spark plugs, glow plugs, ignition components, and automotive sensors, including products used in engine management and emissions-control systems. Its products are sold to vehicle manufacturers and the global automotive aftermarket.
The company also operates a technical ceramics business serving industries such as semiconductors, electronics, communications, industrial equipment, and healthcare.
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