NEC Co. (OTCMKTS:NIPNF) Short Interest Update

NEC Co. (OTCMKTS:NIPNF) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 197,600 shares, a decrease of 24.4% from the August 15th total of 261,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1,976.0 days.

NEC Stock Performance

Shares of NEC stock remained flat at $85.69 on Friday. 10 shares of the stock were exchanged, compared to its average volume of 283. NEC has a twelve month low of $49.71 and a twelve month high of $88.42. The business has a fifty day moving average price of $82.52 and a 200-day moving average price of $76.06.

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.