NEC Co. (OTCMKTS:NIPNF) Short Interest Down 24.4% in August

NEC Co. (OTCMKTS:NIPNF) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 197,600 shares, a drop of 24.4% from the August 15th total of 261,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,976.0 days.

NEC Stock Performance

NIPNF opened at $85.69 on Friday. The business’s 50-day simple moving average is $82.44 and its 200-day simple moving average is $75.83. NEC has a one year low of $49.71 and a one year high of $88.42.

NEC Company Profile

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.