Japan Display Inc. (OTCMKTS:JNNDF) Short Interest Up 100.2% in June

Japan Display Inc. (OTCMKTS:JNNDF) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 10,861,457 shares, a growth of 100.2% from the June 15th total of 5,424,991 shares. Based on an average daily volume of 161 shares, the short-interest ratio is currently 67,462.5 days.

Japan Display Stock Performance

Japan Display stock remained flat at $0.30 during mid-day trading on Friday. The stock has a 50 day moving average of $0.38 and a 200-day moving average of $0.34. Japan Display has a fifty-two week low of $0.13 and a fifty-two week high of $0.81.

About Japan Display

Japan Display Inc is a Tokyo-based manufacturer of small- and medium-sized display panels, established in 2012 through the consolidation of the display businesses of Sony Corporation, Toshiba Corporation and Hitachi, Ltd. The company specializes in the design, development and production of thin-film-transistor liquid-crystal displays (TFT-LCDs) and related driver ICs and modules. Since its formation, Japan Display has focused on leveraging its combined expertise to serve rapidly evolving markets that demand high-resolution, low-power and compact display solutions.

The company’s product portfolio includes a wide range of display technologies for smartphones, tablets, wearable devices, digital cameras and other consumer electronics.