Japan Display Inc. (OTCMKTS:JNNDF) Short Interest Update

Japan Display Inc. (OTCMKTS:JNNDF) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 2,891,709 shares, a drop of 60.6% from the April 15th total of 7,344,367 shares. Based on an average daily volume of 8,427 shares, the days-to-cover ratio is currently 343.1 days.

Japan Display Stock Performance

Shares of Japan Display stock remained flat at $0.49 during mid-day trading on Friday. The company’s 50 day simple moving average is $0.52 and its 200-day simple moving average is $0.28. Japan Display has a 1 year low of $0.13 and a 1 year high of $0.81.

Japan Display Company Profile

Japan Display Inc is a Tokyo-based manufacturer of small- and medium-sized display panels, established in 2012 through the consolidation of the display businesses of Sony Corporation, Toshiba Corporation and Hitachi, Ltd. The company specializes in the design, development and production of thin-film-transistor liquid-crystal displays (TFT-LCDs) and related driver ICs and modules. Since its formation, Japan Display has focused on leveraging its combined expertise to serve rapidly evolving markets that demand high-resolution, low-power and compact display solutions.

The company’s product portfolio includes a wide range of display technologies for smartphones, tablets, wearable devices, digital cameras and other consumer electronics.