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

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

Nihon Kohden Stock Performance

Nihon Kohden stock traded up $0.10 during trading hours on Thursday, hitting $14.09. 4,214 shares of the stock were exchanged, compared to its average volume of 5,741. Nihon Kohden has a 12 month low of $10.06 and a 12 month high of $20.00. The business’s 50-day moving average is $14.47 and its two-hundred day moving average is $14.40. The stock has a market capitalization of $2.41 billion, a P/E ratio of 37.07 and a beta of -0.11.

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.