NEC Co. (OTCMKTS:NIPNF) Short Interest Up 25.0% in March

NEC Co. (OTCMKTS:NIPNF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 66,600 shares, a growth of 25.0% from the February 28th total of 53,300 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 222.0 days. Approximately 0.0% of the company’s shares are sold short.

NEC Stock Performance

Shares of NIPNF remained flat at $21.21 during mid-day trading on Tuesday. NEC has a twelve month low of $62.77 and a twelve month high of $106.05. The stock’s fifty day simple moving average is $91.46 and its 200 day simple moving average is $87.18.

About NEC

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.