Nihon Kohden Co. (OTCMKTS:NHNKY) Sees Large Growth in Short Interest

Nihon Kohden Co. (OTCMKTS:NHNKY - Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,400 shares, a growth of 250.0% from the February 28th total of 400 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is presently 0.2 days.

Nihon Kohden Trading Down 8.3 %

Shares of OTCMKTS NHNKY traded down $1.24 during mid-day trading on Monday, hitting $13.76. The company had a trading volume of 2,588 shares, compared to its average volume of 4,180. The firm has a 50-day simple moving average of $15.03 and a two-hundred day simple moving average of $14.56. The company has a market capitalization of $2.35 billion, a PE ratio of 20.24 and a beta of -0.11. Nihon Kohden has a one year low of $10.06 and a one year high of $20.00.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.30 earnings per share for the quarter. Nihon Kohden had a return on equity of 15.08% and a net margin of 7.71%.

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.