Nippon Electric Glass Co., Ltd. (OTCMKTS:NPEGF) Sees Significant Increase in Short Interest

Nippon Electric Glass Co., Ltd. (OTCMKTS:NPEGF) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 125,800 shares, a growth of 37.5% from the February 13th total of 91,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1,258.0 days.

Nippon Electric Glass Stock Performance

OTCMKTS:NPEGF remained flat at $22.60 during mid-day trading on Monday. Nippon Electric Glass has a 52 week low of $22.60 and a 52 week high of $24.17. The firm’s 50 day moving average price is $22.63 and its 200-day moving average price is $22.06.

Nippon Electric Glass Company Profile

Nippon Electric Glass Co, Ltd., together with its subsidiaries, manufactures and sells specialty glass products and glass making machinery in Japan, China, South Korea, the United States, Europe, and internationally. The company offers glass substrates for FPD; glasses for chemical strengthening; glass fibers; thin film coatings; and glasses for optical devices and electronic devices.