Japan Display Inc. (OTCMKTS:JNNDF – Get Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 2,891,709 shares, a decline of 60.6% from the April 15th total of 7,344,367 shares. Based on an average daily volume of 8,427 shares, the days-to-cover ratio is currently 343.1 days.
Japan Display Price Performance
Shares of JNNDF remained flat at $0.49 during midday trading on Friday. The company’s stock had a trading volume of 5,000 shares, compared to its average volume of 8,930. Japan Display has a 12 month low of $0.13 and a 12 month high of $0.81. The company’s fifty day moving average is $0.52 and its 200-day moving average is $0.27.
Japan Display Company Profile
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.
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