Nexteer Automotive Group Limited (OTCMKTS:NTXVF – Get Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 25,430 shares, a decline of 42.2% from the June 30th total of 44,000 shares. Based on an average trading volume of 61 shares, the short-interest ratio is currently 416.9 days.
Nexteer Automotive Group Price Performance
NTXVF remained flat at $0.51 during trading on Wednesday. The firm’s fifty day moving average price is $0.61 and its two-hundred day moving average price is $0.73. Nexteer Automotive Group has a fifty-two week low of $0.51 and a fifty-two week high of $1.16.
About Nexteer Automotive Group
Nexteer Automotive Group is a global supplier of advanced steering and driveline systems for the automotive industry. The company designs, engineers and manufactures electric and hydraulic power steering systems, steering columns, intermediate shafts and driveline modules for passenger cars, light trucks and commercial vehicles. Its product portfolio also includes advanced driver assistance system (ADAS) integration and steer-by-wire technologies aimed at improving vehicle safety, comfort and fuel efficiency.
Originally a division of General Motors, Nexteer became an independent entity in 2010 when it was acquired by the China-based automotive holdings firm Pacific Century Motors.
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