SCSK Co. (OTCMKTS:SCSKF) Sees Large Decline in Short Interest

SCSK Co. (OTCMKTS:SCSKF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 576,500 shares, a decrease of 24.6% from the September 15th total of 764,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5,765.0 days.

SCSK Price Performance

Shares of SCSKF stock remained flat at $22.37 on Friday. The business has a 50-day moving average of $19.99 and a 200 day moving average of $18.60. SCSK has a 1 year low of $20.41 and a 1 year high of $22.37.

SCSK Company Profile

SCSK Corporation provides information technology (IT) services in Japan and internationally. It operates through six segments: Industrial IT Business, Financial IT Business, IT Business Solutions, IT Platform Solutions, IT Management Service, and Others. The Industrial IT Business segment offers various IT solutions comprising core systems, manufacturing management systems, information management systems, supply chain management systems, customer relationship management systems, e-commerce systems, and other systems for manufacturing, communication, and energy industries.