Nipro Co. (OTCMKTS:NPRRF) Short Interest Up 72.7% in August

Nipro Co. (OTCMKTS:NPRRF) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 165,451 shares, an increase of 72.7% from the July 30th total of 95,787 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Nipro Stock Performance

Shares of Nipro stock remained flat at $9.96 during mid-day trading on Monday. Nipro has a 12 month low of $9.67 and a 12 month high of $9.96. The firm has a fifty day moving average of $9.96 and a 200-day moving average of $9.78.

Nipro Company Profile

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.