Short Interest in Nihon Kohden Co. (OTCMKTS:NHNKY) Declines By 75.0%

Nihon Kohden Co. (OTCMKTS:NHNKY - Get Free Report) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decline of 75.0% from the November 30th total of 400 shares. Based on an average trading volume of 6,300 shares, the short-interest ratio is currently 0.0 days.

Nihon Kohden Stock Performance

Shares of NHNKY stock traded up $0.48 on Thursday, hitting $14.56. The stock had a trading volume of 2,147 shares, compared to its average volume of 5,726. The stock's 50 day moving average is $14.46 and its 200-day moving average is $14.40. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 38.32 and a beta of -0.11. Nihon Kohden has a 52-week low of $10.06 and a 52-week high of $20.00.

Nihon Kohden Company Profile

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.