Short Interest in Nihon Kohden Corporation (OTCMKTS:NHNKY) Grows By 125.9%

Key Points

• Nihon Kohden Corporation experienced a significant increase in short interest of 125.9% in August, rising from 2,700 to 6,100 shares.
• The company reported last quarterly earnings on August 6, with an EPS of $0.01 and revenue of $346.24 million.
• Nihon Kohden's stock is currently trading at $11.62, with a market cap of $1.99 billion and a fifty-two week range between $9.86 and $17.28.

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,100 shares, an increase of 125.9% from the August 15th total of 2,700 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 0.6 days.

Nihon Kohden Stock Down 1.4%

OTCMKTS:NHNKY traded down $0.17 during mid-day trading on Thursday, reaching $11.82. 3,257 shares of the company were exchanged, compared to its average volume of 6,792. Nihon Kohden has a 12 month low of $9.86 and a 12 month high of $17.28. The company has a fifty day moving average of $11.67 and a 200 day moving average of $12.41. The stock has a market cap of $2.02 billion, a PE ratio of 21.89 and a beta of 0.40.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.01 EPS for the quarter. Nihon Kohden had a net margin of 5.77% and a return on equity of 6.74%. The firm had revenue of $346.24 million for 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.