Nippon Ceramic Co., Ltd. (OTCMKTS:NPPRF) Stock Short Interest Falls 65.2%

Nippon Ceramic Co., Ltd. (OTCMKTS:NPPRF – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 4,063 shares, a drop of 65.2% from the September 30th total of 11,663 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Nippon Ceramic Stock Performance

Shares of NPPRF opened at $23.46 on Thursday. The company’s 50 day simple moving average is $20.92 and its 200-day simple moving average is $17.53. Nippon Ceramic has a 12-month low of $15.76 and a 12-month high of $23.46.

About Nippon Ceramic

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Nippon Ceramic Co, Ltd. is a Japan-based manufacturer of electronic components and sensor products. The company develops and produces ultrasonic sensors, infrared sensors, temperature sensors, and current sensors used to detect distance, movement, heat, and electrical conditions.

Its products support a range of applications, including automotive systems, home appliances, security equipment, industrial machinery, and other electronic devices. Nippon Ceramic’s components are designed for use by equipment manufacturers and suppliers that require sensing and control technologies.

Headquartered in Tottori, Japan, Nippon Ceramic has built its business around the development and production of ceramic-based electronic components and sensors.

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