Short Interest in NEC Co. (OTCMKTS:NIPNF) Increases By 1,294.9%

NEC Co. (OTCMKTS:NIPNF - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 929,000 shares, an increase of 1,294.9% from the March 15th total of 66,600 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 546.5 days. Approximately 0.4% of the company's stock are short sold.

NEC Trading Up 0.0 %

OTCMKTS:NIPNF traded up $0.01 on Friday, hitting $21.81. The stock had a trading volume of 488 shares, compared to its average volume of 5,287. NEC has a 1 year low of $12.55 and a 1 year high of $21.81. The firm's fifty day simple moving average is $69.83 and its two-hundred day simple moving average is $79.80.

About NEC

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.