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

SCSK Co. (OTCMKTS:SCSKF) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 478,400 shares, a decrease of 17.8% from the October 15th total of 582,100 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 341.7 days.

SCSK Stock Performance

Shares of SCSK stock remained flat at $22.37 on Friday. The stock’s 50-day moving average price is $22.24 and its 200 day moving average price is $19.38. SCSK has a one year low of $20.41 and a one year high of $22.37.

SCSK Company Profile

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.