Nippon Electric Glass Co., Ltd. (OTCMKTS:NPEGF) Short Interest Up 122.5% in April

Nippon Electric Glass Co., Ltd. (OTCMKTS:NPEGF) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 516,399 shares, a growth of 122.5% from the April 15th total of 232,081 shares. Based on an average daily volume of 33 shares, the short-interest ratio is currently 15,648.5 days.

Nippon Electric Glass Price Performance

OTCMKTS:NPEGF remained flat at $45.29 during trading hours on Friday. Nippon Electric Glass has a twelve month low of $21.95 and a twelve month high of $53.30. The stock’s 50 day moving average is $42.34 and its two-hundred day moving average is $38.64.

Nippon Electric Glass Company Profile

Nippon Electric Glass Co, Ltd., headquartered in Ube, Yamaguchi, Japan, is a global manufacturer of specialty glass products. Established in 1944 to support Japan’s burgeoning electronics industry, the company has since diversified its portfolio to serve a broad range of applications, including flat-panel displays, semiconductor packaging, optical communications and medical/pharmaceutical vials. Its product lineup encompasses thin glass substrates for LCD and OLED screens, surface‐treated glass for touch panels, and high-purity tubing for pharmaceutical injectables.

The company operates seven primary business segments: Information Electronics, which focuses on substrates for displays and touch panels; Bio-Pharma, producing glass vials and cartridges; Renewable Energy Materials, supplying glass components for solar cells; Industrial Glass, serving chemical and lighting industries; Optical Fiber, delivering preforms for telecommunications; and Chemical Products, which include specialty glass for advanced industrial processes.