Nissin Foods Holdings Co.,Ltd. (OTCMKTS:NFPDF) Sees Large Growth in Short Interest

Nissin Foods Holdings Co.,Ltd. (OTCMKTS:NFPDF) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 1,251,500 shares, an increase of 33.5% from the December 15th total of 937,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 12,515.0 days.

Nissin Foods Holdings Co.,Ltd. Stock Performance

Shares of Nissin Foods Holdings Co.,Ltd. stock remained flat at $23.09 during trading on Friday. The stock’s 50-day simple moving average is $25.93 and its 200-day simple moving average is $25.12. Nissin Foods Holdings Co.,Ltd. has a 1-year low of $23.09 and a 1-year high of $26.50.

Nissin Foods Holdings Co.,Ltd. Company Profile

Nissin Foods Holdings Co,Ltd., together with its subsidiaries, engages in the manufacture and sale of instant foods in Japan and internationally. The company operates through the Nissin Food Products, Myojo Foods, Chilled and Frozen Foods and Beverages, Confectionery, The Americas, China, Asia, EMEA, and Domestic Others segments.