Nihon Kohden Co. (OTCMKTS:NHNKY) Short Interest Up 33.3% in November

Nihon Kohden Co. (OTCMKTS:NHNKY) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 400 shares, a growth of 33.3% from the November 15th total of 300 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 0.1 days.

Nihon Kohden Stock Performance

Shares of OTCMKTS:NHNKY traded down $0.94 on Friday, hitting $13.92. The company’s stock had a trading volume of 1,331 shares, compared to its average volume of 5,821. Nihon Kohden has a 12 month low of $10.06 and a 12 month high of $20.00. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 36.63 and a beta of -0.11. The stock’s 50-day moving average is $14.48 and its two-hundred day moving average is $14.45.

Nihon Kohden Company Profile

Nihon Kohden Corporation engages in development, manufacturing, sale, maintenance, and consultation of medical electronic equipment, and related systems and products in Japan, Americas, Europe, rest of Asia, and internationally. It offers physiological measuring equipment comprising electrocardiographs, electroencephalographs, and polygraphs for Cath-labs; patient monitoring systems, such as beside and central monitors; and treatment equipment including defibrillators, automated external defibrillators, ventilators, and pacemakers.