JEOL Ltd. (OTCMKTS:JELLF) Sees Significant Increase in Short Interest

JEOL Ltd. (OTCMKTS:JELLF) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 165,361 shares, a growth of 479.4% from the May 14th total of 28,540 shares. Based on an average daily volume of 13 shares, the short-interest ratio is currently 12,720.1 days.

JEOL Stock Performance

JEOL stock remained flat at $38.17 during midday trading on Thursday. 200 shares of the company traded hands, compared to its average volume of 100. The stock has a 50-day moving average of $37.02 and a two-hundred day moving average of $35.76. JEOL has a one year low of $37.00 and a one year high of $38.17.

JEOL Company Profile

JEOL Ltd. engages in the research, development, manufacture, and marketing of scientific and metrology instruments, semiconductor and industrial equipment, and medical equipment worldwide. The company operates through three segments: Scientific and Measuring Instruments Business, Industrial Equipment Business, and the Medical Equipment Business. It provides transmission electron microscopes; scanning electron microscopes; nuclear resonance and mass spectrometer; x-ray fluorescence spectrometer; electron diffractometer; ion beam application equipment, including specimen preparation equipment and multibeam systems; instruments for microarea and surface analysis, such as electron probe micro analyzers, auger microprobes, and photoelectron spectrometers; magnetic resonance equipment, such as nuclear magnetic resonance and electron spin resonance spectrometers; electron beam lithography systems; electron microscope for semiconductors; and clinical chemistry analyzers.