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 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 volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nippon Ceramic Stock Performance

OTCMKTS:NPPRF opened at $23.46 on Thursday. The firm’s fifty day moving average price is $20.92 and its 200 day moving average price is $17.53. Nippon Ceramic has a 1-year low of $15.76 and a 1-year high of $23.46.

Nippon Ceramic Company Profile

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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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