NEC Co. (OTCMKTS:NIPNF) Sees Significant Increase in Short Interest

NEC Co. (OTCMKTS:NIPNF) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 207,400 shares, a growth of 23.9% from the March 15th total of 167,400 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 1,037.0 days.

NEC Stock Down 0.0 %

Shares of NIPNF stock traded down $0.01 during trading hours on Monday, reaching $74.30. 142 shares of the stock were exchanged, compared to its average volume of 176. NEC has a 12-month low of $40.08 and a 12-month high of $77.01. The business’s fifty day moving average is $68.63 and its two-hundred day moving average is $59.61.

NEC Company Profile

NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment.