NEC Co. (OTCMKTS:NIPNF) Short Interest Up 28.1% in December

NEC Co. (OTCMKTS:NIPNF – Get Rating) saw a significant increase in short interest in the month of December. As of December 30th, there was short interest totalling 56,000 shares, an increase of 28.1% from the December 15th total of 43,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 280.0 days.

NEC Price Performance

OTCMKTS NIPNF opened at $35.69 on Friday. NEC has a 1 year low of $31.99 and a 1 year high of $44.90. The company has a fifty day simple moving average of $34.23 and a 200 day simple moving average of $35.07.

About NEC

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NEC Corporation operates as a provider of information and communication technology solutions in Japan and internationally. It provides systems integration services comprising systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment.