NEXON Co., Ltd. (OTCMKTS:NEXOF) Sees Large Growth in Short Interest

NEXON Co., Ltd. (OTCMKTS:NEXOF) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 1,316,100 shares, a growth of 38.9% from the August 31st total of 947,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 13,161.0 days.

NEXON Price Performance

NEXON stock remained flat at $18.52 during trading hours on Friday. The company’s fifty day simple moving average is $18.69 and its two-hundred day simple moving average is $17.69. NEXON has a 12-month low of $15.78 and a 12-month high of $21.58.

About NEXON

NEXON Co, Ltd. produces, develops, and services PC online and mobile games. It operates through five segments: Japan, Korea, China, North America, and Others. The company’s PC online game titles include MapleStory, Dungeon & Fighter, and EA SPORTS FIFA ONLINE 4. The company was formerly known as NEXON Japan Co, Ltd.