Nipro Co. (OTCMKTS:NPRRF) Short Interest Up 78.2% in July

Nipro Co. (OTCMKTS:NPRRF) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 95,787 shares, an increase of 78.2% from the July 15th total of 53,746 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Nipro Price Performance

Shares of NPRRF stock remained flat at $9.96 during mid-day trading on Monday. The stock has a 50-day simple moving average of $9.96 and a 200-day simple moving average of $9.65. Nipro has a 1 year low of $9.67 and a 1 year high of $9.96.

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.