SCSK Co. (OTCMKTS:SCSKF) Sees Large Increase in Short Interest

SCSK Co. (OTCMKTS:SCSKF) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 201,900 shares, a growth of 84.0% from the November 30th total of 109,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2,019.0 days.

SCSK Stock Performance

SCSK stock remained flat at $22.37 during mid-day trading on Friday. SCSK has a 12-month low of $20.41 and a 12-month high of $22.37. The stock’s 50 day moving average is $22.37 and its 200-day moving average is $20.32.

SCSK Company Profile

SCSK Corporation provides information technology (IT) services in Japan and internationally. It operates through six segments: Industrial IT Business, Financial IT Business, IT Business Solutions, IT Platform Solutions, IT Management Service, and Others. The Industrial IT Business segment offers various IT solutions comprising core systems, manufacturing management systems, information management systems, supply chain management systems, customer relationship management systems, e-commerce systems, and other systems for manufacturing, communication, and energy industries.