Nihon Kohden Co. (OTCMKTS:NHNKY) Short Interest Up 250.0% in March

Nihon Kohden Co. (OTCMKTS:NHNKY) 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. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 6,800 shares, the days-to-cover ratio is presently 0.2 days.

Nihon Kohden Trading Down 8.3 %

Shares of NHNKY traded down $1.24 during trading hours on Friday, reaching $13.76. 2,588 shares of the stock traded hands, compared to its average volume of 4,180. Nihon Kohden has a 52 week low of $10.06 and a 52 week high of $20.00. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 20.24 and a beta of -0.11. The stock has a fifty day simple moving average of $15.03 and a 200 day simple moving average of $14.56.

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

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.