Short Interest in Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Rises By 54.5%

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 312,000 shares, a growth of 54.5% from the January 31st total of 202,000 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 240.0 days.

Nexteer Automotive Group Price Performance

Nexteer Automotive Group stock remained flat at $0.48 during midday trading on Friday. The company’s 50 day moving average price is $0.43 and its 200-day moving average price is $0.39. Nexteer Automotive Group has a 52-week low of $0.32 and a 52-week high of $0.51.

About Nexteer Automotive Group

Nexteer Automotive Group Limited, a motion control technology company, develop, manufacture, and supply advanced steering and driveline systems to original equipment manufacturer worldwide. It offers electric power steering (EPS) products, which includes column assist electric power steering, intermediate shafts, EPS rack and pinion gears, single and dual pinion assist, and rack-assisted EPS, modular power pack, steer-by-wire, EPS remanufacturing, and automated steering actuator, as well as availability, output, and modular EPS.