Short Interest in Nipro Co. (OTCMKTS:NPRRF) Expands By 72.7%

Nipro Co. (OTCMKTS:NPRRF) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 165,451 shares, a growth of 72.7% from the July 30th total of 95,787 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nipro Price Performance

Shares of Nipro stock opened at $9.96 on Wednesday. Nipro has a 12-month low of $9.67 and a 12-month high of $9.96. The stock’s fifty day moving average is $9.96 and its 200-day moving average is $9.80.

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.