Nihon Kohden Co. (OTCMKTS:NHNKY) Short Interest Update

Nihon Kohden Co. (OTCMKTS:NHNKY) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 5,200 shares, an increase of 57.6% from the May 15th total of 3,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 11,900 shares, the days-to-cover ratio is currently 0.4 days.

Nihon Kohden Trading Down 11.8%

Shares of NHNKY traded down $1.56 on Tuesday, reaching $11.68. 9,759 shares of the company’s stock were exchanged, compared to its average volume of 5,756. The business has a 50 day moving average price of $12.10 and a two-hundred day moving average price of $13.57. Nihon Kohden has a 12 month low of $9.86 and a 12 month high of $20.00. The stock has a market capitalization of $2.00 billion, a P/E ratio of 17.18 and a beta of 0.37.

Nihon Kohden (OTCMKTS:NHNKY) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $439.11 million 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.