Nipro Co. (OTCMKTS:NPRRF) Sees Significant Decrease in Short Interest

Nipro Co. (OTCMKTS:NPRRF) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 245,672 shares, a decrease of 46.6% from the April 15th total of 460,217 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Nipro Price Performance

OTCMKTS NPRRF remained flat at $9.96 during trading hours on Friday. The firm’s 50 day moving average price is $9.96 and its two-hundred day moving average price is $8.86. Nipro has a 52-week low of $9.67 and a 52-week high of $9.96.

About Nipro

Nipro Corporation, together with its subsidiaries, engages in the medical devices, pharmaceuticals, and pharma packaging businesses. Its Medical Device business develops, manufactures, and sells medical equipment for injection-infusion and dialysis treatment, and products related to diabetes and cell cultures, as well as the sale of artificial organ-related products. The company's Pharmaceutical business provides pharmaceutical combination products, including dual chamber bags, pre-filled syringes, and half-type kits; and contract manufacturing services for orally administered drugs, injectables, and external preparations, as well as logistic and distribution services.