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

NEC Co. (OTCMKTS:NIPNF) saw a large increase in short interest in the month of 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 volume of 200 shares, the days-to-cover ratio is presently 1,037.0 days.

NEC Trading Up 4.4 %

NIPNF stock opened at $74.30 on Monday. NEC has a 1 year low of $37.71 and a 1 year high of $77.01. The stock has a 50-day simple moving average of $68.47 and a 200-day simple moving average of $59.50.

About NEC

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.