Short Interest in Nihon Kohden Co. (OTCMKTS:NHNKY) Expands By 33.3%

Nihon Kohden Co. (OTCMKTS:NHNKY) was the target of a significant growth in short interest in 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 currently 0.1 days.

Nihon Kohden Stock Down 6.3 %

NHNKY traded down $0.94 during midday trading on Friday, hitting $13.92. The company had a trading volume of 1,331 shares, compared to its average volume of 5,821. The stock’s 50 day moving average price is $14.48 and its 200 day moving average price is $14.45. Nihon Kohden has a 52 week low of $10.06 and a 52 week 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.

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.