Short Interest in Nissin Foods Holdings Co.,Ltd. (OTCMKTS:NFPDF) Grows By 65.7%

Nissin Foods Holdings Co.,Ltd. (OTCMKTS:NFPDFGet Rating) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 431,200 shares, an increase of 65.7% from the April 30th total of 260,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4,312.0 days.

Nissin Foods Holdings Co.,Ltd. stock remained flat at $$66.73 during mid-day trading on Friday. Nissin Foods Holdings Co.,Ltd. has a 52 week low of $66.73 and a 52 week high of $66.73. The company’s fifty day moving average is $72.41 and its 200-day moving average is $72.82.

Nissin Foods Holdings Co.,Ltd. Company Profile (Get Rating)

Nissin Foods Holdings Co,Ltd., together with its subsidiaries, engages in the manufacture and sale of instant foods in Japan and internationally. The company operates through the Nissin Food Products, Myojo Foods, Chilled and Frozen Foods, The Americas, China, and Others segments. Its products include packaged instant noodles, cup noodles, chilled and frozen foods, soups, cereal foods, dairy products, confectionery, rice crackers and snacks, beverages, and other products.

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