Short Interest in SCSK Co. (OTCMKTS:SCSKF) Increases By 65.8%

SCSK Co. (OTCMKTS:SCSKFGet Rating) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 106,300 shares, a growth of 65.8% from the April 30th total of 64,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Separately, Citigroup lowered SCSK from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 10th.

OTCMKTS SCSKF remained flat at $$16.50 during trading on Friday. SCSK has a 12-month low of $16.50 and a 12-month high of $22.28. The company’s fifty day moving average is $16.65 and its 200 day moving average is $19.36.

SCSK Company Profile (Get Rating)

SCSK Corporation provides information technology (IT) services in Japan and internationally. The company's Manufacturing & Telecommunication Systems Business segment offers IT solutions comprising core systems, manufacturing and information management systems, supply chain management (SCM), and customer relationship management (CRM) systems for manufacturing, communication, and energy industries.

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