Nihon Kohden Co. (OTCMKTS:NHNKY) Short Interest Up 300.0% in August

Nihon Kohden Co. (OTCMKTS:NHNKY) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, an increase of 300.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 0.1 days.

Nihon Kohden Stock Up 2.2 %

Shares of NHNKY stock traded up $0.31 during trading hours on Friday, reaching $14.71. 15,790 shares of the company’s stock were exchanged, compared to its average volume of 4,697. Nihon Kohden has a fifty-two week low of $10.06 and a fifty-two week high of $20.00. The stock has a market capitalization of $2.51 billion, a P/E ratio of 21.32 and a beta of -0.07. The business has a fifty day moving average price of $14.05 and a 200-day moving average price of $14.03.

Nihon Kohden (OTCMKTS:NHNKY) last released its earnings results on Friday, August 2nd. The company reported $0.03 EPS for the quarter. The firm had revenue of $296.53 million during the quarter. Nihon Kohden had a net margin of 6.43% and a return on equity of 13.32%.

About Nihon Kohden

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.