NEC Co. (OTCMKTS:NIPNF) Short Interest Up 21.9% in June

NEC Co. (OTCMKTS:NIPNF) was the recipient of a large increase in short interest during the month of 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 trading volume of 100 shares, the days-to-cover ratio is currently 2,496.0 days.

NEC Trading Down 3.2 %

OTCMKTS:NIPNF traded down $2.66 during trading hours on Tuesday, reaching $81.73. 253 shares of the stock were exchanged, compared to its average volume of 195. NEC has a twelve month low of $46.22 and a twelve month high of $84.39. The firm has a 50 day moving average of $73.30 and a 200 day moving average of $67.63.

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.