Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) Sees Large Decrease in Short Interest

Nemak, S. A. B. de C. V. (OTCMKTS:NMAKF) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 4,573,000 shares, a decline of 37.8% from the November 30th total of 7,353,000 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 5,716.3 days.

Nemak, S. A. B. de C. V. Stock Performance

Shares of NMAKF stock opened at C$0.09 on Friday. Nemak, S. A. B. de C. V. has a fifty-two week low of C$0.08 and a fifty-two week high of C$0.25. The stock has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.12.

About Nemak, S. A. B. de C. V.

Nemak, S. A. B. de C. V. develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally. It offers powertrain components, such as cylinder heads, engine blocks, transmission cases, and other ICE powertrain and auto parts; structural parts, including longitudinal members, shock towers, and subframes; and e-mobility components comprising e-drive, battery housings, and others.