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

Nihon Kohden Co. (OTCMKTS:NHNKY) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a decline of 87.0% from the October 31st total of 2,300 shares. Based on an average daily trading volume, of 5,100 shares, the short-interest ratio is currently 0.1 days.

Nihon Kohden Stock Up 0.3 %

Shares of NHNKY traded up $0.05 during trading hours on Wednesday, reaching $14.05. The stock had a trading volume of 2,808 shares, compared to its average volume of 5,955. The company has a market cap of $2.40 billion, a P/E ratio of 36.86 and a beta of -0.08. Nihon Kohden has a 52 week low of $10.06 and a 52 week high of $20.00. The firm has a 50-day moving average of $14.66 and a 200 day moving average of $14.47.

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.