NEC Co. (OTCMKTS:NIPNF - Get Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 46,500 shares, a drop of 45.5% from the January 31st total of 85,300 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 29.1 days.
NEC Stock Performance
NIPNF remained flat at $99.90 during trading on Tuesday. The business has a fifty day moving average price of $88.95 and a two-hundred day moving average price of $86.62. NEC has a one year low of $62.77 and a one year high of $102.53.
About NEC
(
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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.
Further Reading
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