Nihon Kohden Corporation (OTCMKTS:NHNKY) Short Interest Update

Key Points

• Nihon Kohden Corporation's short interest surged by 325.0% in July, reaching a total of 6,800 shares compared to 1,600 shares at the end of June.
• The company reported a net margin of 6.23% and $0.18 EPS for the last quarter, with revenues amounting to $439.11 million.
• Nihon Kohden's stock is currently trading at $11.59, with a one-year price range between $9.86 and $17.28.

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 6,800 shares, agrowthof325.0% from the June 30th total of 1,600 shares. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is presently 0.6 days.

Nihon Kohden Price Performance

Shares of Nihon Kohden stock opened at $11.59 on Friday. Nihon Kohden has a one year low of $9.86 and a one year high of $17.28. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 20.70 and a beta of 0.35. The business has a 50-day simple moving average of $12.17 and a 200 day simple moving average of $13.17.

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

Nihon Kohden Company Profile

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.

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