Nippon Ceramic Co., Ltd. (OTCMKTS:NPPRF) Shares Shorted: Short Interest Down 65.2% in October

Nippon Ceramic Co., Ltd. (OTCMKTS:NPPRF) was the recipient of a significant drop in short interest in 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 Price Performance

Shares of NPPRF stock remained flat at $23.46 during trading hours on Friday. Nippon Ceramic has a 1 year low of $15.76 and a 1 year high of $23.46. The firm has a 50-day moving average price of $21.20 and a 200 day moving average price of $17.60.

Nippon Ceramic Company Profile

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.