NEC Co. (OTCMKTS:NIPNF) Short Interest Up 23.9% in March

NEC Co. (OTCMKTS:NIPNF) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 207,400 shares, an increase of 23.9% from the March 15th total of 167,400 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 1,037.0 days.

NEC Price Performance

Shares of NEC stock opened at $74.30 on Monday. NEC has a one year low of $37.71 and a one year high of $77.01. The business has a 50-day simple moving average of $68.47 and a 200-day simple moving average of $59.50.

NEC Company Profile

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.