Short Interest in Nihon Kohden Co. (OTCMKTS:NHNKY) Expands By 1,000.0%

Nihon Kohden Co. (OTCMKTS:NHNKY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the December 15th total of 100 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 0.2 days.

Nihon Kohden Stock Performance

Shares of NHNKY traded down $0.59 during midday trading on Monday, hitting $13.28. The company had a trading volume of 3,725 shares, compared to its average volume of 5,918. The company’s 50-day simple moving average is $14.20 and its 200-day simple moving average is $14.31. The firm has a market capitalization of $2.27 billion, a P/E ratio of 34.93 and a beta of -0.12. Nihon Kohden has a 1 year low of $10.06 and a 1 year high of $20.00.

About Nihon Kohden

Nihon Kohden Corporation engages in development, manufacturing, sale, maintenance, and consultation of medical electronic equipment, and related systems and products in Japan, Americas, Europe, rest of Asia, and internationally. It offers physiological measuring equipment comprising electrocardiographs, electroencephalographs, and polygraphs for Cath-labs; patient monitoring systems, such as beside and central monitors; and treatment equipment including defibrillators, automated external defibrillators, ventilators, and pacemakers.