Short Interest in NEC Co. (OTCMKTS:NIPNF) Expands By 25.0%

NEC Co. (OTCMKTS:NIPNF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 66,600 shares, a growth of 25.0% from the February 28th total of 53,300 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 222.0 days.

NEC Price Performance

Shares of NIPNF opened at $21.21 on Wednesday. NEC has a twelve month low of $62.77 and a twelve month high of $106.05. The firm’s 50 day moving average price is $90.43 and its 200 day moving average price is $86.72.

NEC Company Profile

NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment.