SCSK Co. (OTCMKTS:SCSKF) Sees Significant Increase in Short Interest

SCSK Co. (OTCMKTS:SCSKF) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 457,800 shares, an increase of 71.4% from the January 31st total of 267,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 4,578.0 days.

SCSK Price Performance

SCSKF stock remained flat at $25.14 during midday trading on Friday. The stock has a 50 day moving average price of $21.33 and a 200-day moving average price of $21.39. SCSK has a twelve month low of $19.03 and a twelve month high of $25.14.

About SCSK

SCSK Corporation provides information technology (IT) services in Japan and internationally. It operates through six segments: Industrial IT Business, Financial IT Business, IT Business Solutions, IT Platform Solutions, IT Management Service, and Others. The Industrial IT Business segment offers various IT solutions comprising core systems, manufacturing management systems, information management systems, supply chain management systems, customer relationship management systems, e-commerce systems, and other systems for manufacturing, communication, and energy industries.