SCSK Co. (OTCMKTS:SCSKF) Sees Large Growth in Short Interest

SCSK Co. (OTCMKTS:SCSKF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 293,400 shares, an increase of 45.3% from the December 15th total of 201,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 2,934.0 days.

SCSK Price Performance

Shares of SCSKF stock traded down $3.15 during trading hours on Friday, hitting $19.03. 401 shares of the company’s stock traded hands, compared to its average volume of 200. The stock’s fifty day simple moving average is $22.30 and its two-hundred day simple moving average is $20.74. SCSK has a 12-month low of $19.03 and a 12-month high of $22.37.

SCSK Company Profile

SCSK Corporation provides information technology (IT) services in Japan and internationally. It operates through six segments: Industrial IT Business, Financial IT Business, IT Business Solutions, IT Platform Solutions, IT Management Service, and Others. The Industrial IT Business segment offers various IT solutions comprising core systems, manufacturing management systems, information management systems, supply chain management systems, customer relationship management systems, e-commerce systems, and other systems for manufacturing, communication, and energy industries.