Nippon Sheet Glass Company, Limited (OTCMKTS:NPSGY) Sees Large Drop in Short Interest

Nippon Sheet Glass Company, Limited (OTCMKTS:NPSGY) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 700 shares, a decline of 12.5% from the December 31st total of 800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 7.0 days.

Nippon Sheet Glass Stock Performance

Shares of NPSGY remained flat at $2.00 during midday trading on Monday. The stock has a fifty day simple moving average of $2.11 and a 200-day simple moving average of $2.41. Nippon Sheet Glass has a 12-month low of $2.00 and a 12-month high of $2.50.

Nippon Sheet Glass Company Profile

Nippon Sheet Glass Company, Limited engages in the manufacture and sale of glass and glazing products in Japan, Europe, North America, and South America. The company operates through Architectural, Automotive, Technical Glass, and Other segments. It offers architectural glass products, including solar control, thermal insulation, fire protection, noise control, safety and security, self-cleaning, decoration glass, glass systems, solar energy, and special applications.