Short Interest in Nokian Renkaat Oyj (OTCMKTS:NKRKF) Drops By 20.5%

Nokian Renkaat Oyj (OTCMKTS:NKRKF) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 1,666,600 shares, a decrease of 20.5% from the December 15th total of 2,097,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 16,666.0 days.

Nokian Renkaat Oyj Stock Performance

OTCMKTS NKRKF remained flat at $7.66 during trading on Wednesday. The company has a fifty day moving average price of $8.14 and a two-hundred day moving average price of $8.29. Nokian Renkaat Oyj has a 1 year low of $7.66 and a 1 year high of $9.64.

Nokian Renkaat Oyj Company Profile

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans.