Short Interest in Japan Display Inc. (OTCMKTS:JNNDF) Decreases By 20.0%

Japan Display Inc. (OTCMKTS:JNNDF) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,290,900 shares, a drop of 20.0% from the March 15th total of 2,862,800 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 7,636.3 days.

Shares of OTCMKTS:JNNDF opened at $0.45 on Wednesday. Japan Display has a one year low of $0.39 and a one year high of $0.58. The business’s 50-day simple moving average is $0.43 and its 200 day simple moving average is $0.46.

Japan Display Company Profile

Japan Display Inc designs, develops, produces, and sells small-and medium-sized display devices and related products in Japan and internationally. The company offers various LCD modules for mobile applications, such as smartphone and tablet devices; wearable applications, including sports watches, healthcare equipment, and action cameras; automotive applications, such as car navigation, instrument panel, and rear seat monitor; displaying images and diagnosis comprising PACS, ultrasonograph, mammography, etc.; IoT products and applications, including outdoor sports gears, medical and healthcare devices, remote controllers, and portable devices; and industrial applications.

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