Nidec Corp. (OTCMKTS:NJDCY) Short Interest Update

Nidec Corp. (OTCMKTS:NJDCY) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 7,784 shares, a drop of 57.1% from the January 29th total of 18,128 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 56,187 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 56,187 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Nidec Trading Down 5.1%

Shares of NJDCY stock opened at $3.89 on Friday. The company has a market capitalization of $37.11 billion, a P/E ratio of 14.96 and a beta of 0.99. Nidec has a 12-month low of $1.84 and a 12-month high of $5.70. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average price of $3.51 and a 200 day moving average price of $3.80.

Nidec Company Profile

Nidec Corporation is a global manufacturer of electric motors and related systems, supplying components and finished products for a wide range of industries. The company is best known for its precision small motors used in computer hard-disk drives and other compact applications, and it has broadened its product portfolio to include motors, drives, controllers and mechatronic systems for consumer appliances, office automation, industrial equipment and automotive applications.

Its product range encompasses brushless DC motors, induction motors, servo systems, power electronics and complete motor-driven systems designed for energy efficiency and high performance.