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

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

Nippon Electric Glass Price Performance

Shares of OTCMKTS:NPEGF opened at $45.29 on Friday. The company has a 50 day moving average of $42.34 and a 200 day moving average of $38.64. Nippon Electric Glass has a 12 month low of $21.95 and a 12 month high of $53.30.

About Nippon Electric Glass

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.