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

Nipro Co. (OTCMKTS:NPRRF) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 129,972 shares, a decline of 61.6% from the May 14th total of 338,790 shares. Based on an average daily volume of 4 shares, the short-interest ratio is currently 32,493.0 days.

Nipro Price Performance

Shares of OTCMKTS:NPRRF remained flat at $9.96 during trading on Friday. The stock had a trading volume of 6 shares. Nipro has a fifty-two week low of $9.67 and a fifty-two week high of $9.96. The firm has a 50 day simple moving average of $9.96 and a 200-day simple moving average of $9.09.

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.