Nipro Co. (OTCMKTS:NPRRF) Sees Significant Drop in Short Interest

Nipro Co. (OTCMKTS:NPRRF – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 49,916 shares, a drop of 61.6% from the May 31st total of 129,972 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is currently 49,916.0 days.

Nipro Stock Performance

NPRRF opened at $9.96 on Friday. The firm has a fifty day moving average price of $9.96 and a 200 day moving average price of $9.22. Nipro has a 1 year low of $9.67 and a 1 year high of $9.96.

Get Nipro alerts:

Nipro Company Profile

(Get Free Report)

Nipro Corporation, together with its subsidiaries, engages in the medical devices, pharmaceuticals, and pharma packaging businesses. Its Medical Device business develops, manufactures, and sells medical equipment for injection-infusion and dialysis treatment, and products related to diabetes and cell cultures, as well as the sale of artificial organ-related products. The company's Pharmaceutical business provides pharmaceutical combination products, including dual chamber bags, pre-filled syringes, and half-type kits; and contract manufacturing services for orally administered drugs, injectables, and external preparations, as well as logistic and distribution services.

Recommended Stories

• Five stocks we like better than Nipro
• Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
• SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
• 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
• 3 Waste Stocks Turning AI Investments into Growth

Receive News & Ratings for Nipro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nipro and related companies with MarketBeat.com's FREE daily email newsletter.