NEC Co. (OTCMKTS:NIPNF - Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 2,375,300 shares, a decrease of 12.8% from the April 30th total of 2,724,900 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 2,159.4 days. Currently, 0.9% of the shares of the stock are short sold.
NEC Stock Performance
OTCMKTS:NIPNF remained flat at $27.52 on Friday. NEC has a 52 week low of $12.55 and a 52 week high of $27.52. The company has a fifty day simple moving average of $23.56 and a 200-day simple moving average of $64.86.
About NEC
(
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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.
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