Short Interest in NEXON Co., Ltd. (OTCMKTS:NEXOF) Declines By 20.9%

NEXON Co., Ltd. (OTCMKTS:NEXOF) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,059,600 shares, a decline of 20.9% from the August 15th total of 2,602,700 shares. Based on an average trading volume of 15,800 shares, the days-to-cover ratio is currently 130.4 days. Based on an average trading volume of 15,800 shares, the days-to-cover ratio is currently 130.4 days.

NEXON Price Performance

NEXOF stock opened at $18.33 on Friday. The firm has a 50 day simple moving average of $18.52 and a 200 day simple moving average of $16.53. NEXON has a 12 month low of $11.29 and a 12 month high of $21.50.

NEXON Company Profile

NEXON Co, Ltd. produces, develops, and services PC online and mobile games. It operates through five segments: Japan, Korea, China, North America, and Others. The company’s PC online game titles include MapleStory, Dungeon & Fighter, and EA SPORTS FIFA ONLINE 4. The company was formerly known as NEXON Japan Co, Ltd.