Japan Display Inc. (OTCMKTS:JNNDF – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 6,133,883 shares, a decline of 51.2% from the August 15th total of 12,582,073 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.
Japan Display Stock Performance
Shares of OTCMKTS:JNNDF remained flat at $0.30 during trading on Wednesday. The stock’s 50-day moving average is $0.30 and its two-hundred day moving average is $0.39. Japan Display has a 12 month low of $0.13 and a 12 month high of $0.81.
About Japan Display
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.
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