Short Interest in Nihon Kohden Co. (OTCMKTS:NHNKY) Grows By 33.3%

Nihon Kohden Co. (OTCMKTS:NHNKY - Get Free Report) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 400 shares, a growth of 33.3% from the November 15th total of 300 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is currently 0.1 days.

Nihon Kohden Trading Down 6.3 %

Shares of OTCMKTS:NHNKY traded down $0.94 on Friday, hitting $13.92. The company had a trading volume of 1,331 shares, compared to its average volume of 5,821. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 36.63 and a beta of -0.11. The stock has a 50 day moving average price of $14.48 and a 200 day moving average price of $14.45. Nihon Kohden has a 1-year low of $10.06 and a 1-year 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.