Nihon Kohden Corporation (OTCMKTS:NHNKY) Sees Large Increase in Short Interest

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 5,200 shares, a growth of 57.6% from the May 15th total of 3,300 shares. Based on an average daily trading volume, of 11,900 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company's stock are short sold.

Nihon Kohden Price Performance

Shares of NHNKY stock remained flat at $11.63 during mid-day trading on Wednesday. The company's stock had a trading volume of 1,620 shares, compared to its average volume of 5,682. Nihon Kohden has a twelve month low of $9.86 and a twelve month high of $20.00. The stock has a 50-day moving average of $12.09 and a 200-day moving average of $13.56. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 20.77 and a beta of 0.37.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter. Nihon Kohden had a net margin of 6.23% and a return on equity of 7.20%. The company had revenue of $439.11 million during the quarter.

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.