It Seems NITTO DENKO ORD (OTCMKTS:NDEKF) Will Go Down. Just Reported More Shorted Shares

July 17, 2017 - By Peter Erickson

The stock of NITTO DENKO ORD (OTCMKTS:NDEKF) registered an increase of 10.61% in short interest. NDEKF’s total short interest was 232,400 shares in July as published by FINRA. Its up 10.61% from 210,100 shares, reported previously. With 700 shares average volume, it will take short sellers 332 days to cover their NDEKF’s short positions.

It closed at $85 lastly. It is down 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

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