Nokian Renkaat Oyj (OTCMKTS:NKRKY) Short Interest Update

Nokian Renkaat Oyj (OTCMKTS:NKRKY) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 6,800 shares, a growth of 28.3% from the March 31st total of 5,300 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 1.3 days.

Nokian Renkaat Oyj Stock Up 1.9 %

Shares of NKRKY stock opened at $3.98 on Friday. Nokian Renkaat Oyj has a one year low of $3.16 and a one year high of $4.91. The company’s 50-day simple moving average is $3.53 and its 200-day simple moving average is $3.75.

Nokian Renkaat Oyj (OTCMKTS:NKRKY) last issued its earnings results on Tuesday, February 4th. The company reported $0.02 EPS for the quarter.

Nokian Renkaat Oyj Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Monday, May 12th will be paid a dividend of $0.0641 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 2.8%.

About Nokian Renkaat Oyj

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.