Short Interest in Nexteer Automotive Group Limited (OTCMKTS:NTXVF) Increases By 41.0%

Nexteer Automotive Group Limited (OTCMKTS:NTXVF) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,032,000 shares, a growth of 41.0% from the March 15th total of 732,000 shares. Based on an average daily volume of 12,800 shares, the short-interest ratio is currently 80.6 days.

Nexteer Automotive Group Price Performance

Shares of NTXVF opened at $0.60 on Friday. The firm’s fifty day simple moving average is $0.61 and its two-hundred day simple moving average is $0.47. Nexteer Automotive Group has a 12 month low of $0.32 and a 12 month high of $0.78.

Nexteer Automotive Group Company Profile

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.