Short Interest in NEC Co. (OTCMKTS:NIPNF) Increases By 21.9%

NEC Co. (OTCMKTS:NIPNF) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 249,600 shares, an increase of 21.9% from the May 31st total of 204,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 2,496.0 days.

NEC Stock Down 3.2 %

Shares of NIPNF opened at $81.73 on Tuesday. The stock’s fifty day simple moving average is $73.30 and its 200-day simple moving average is $67.63. NEC has a 12-month low of $46.22 and a 12-month high of $84.39.

About NEC

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.