Nissan Chemical Co. (OTCMKTS:NNCHY) Short Interest Down 57.1% in January

Nissan Chemical Co. (OTCMKTS:NNCHY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 300 shares, a decline of 57.1% from the December 31st total of 700 shares. Based on an average daily trading volume, of 7,600 shares, the days-to-cover ratio is currently 0.0 days.

Nissan Chemical Price Performance

NNCHY stock traded up $0.67 during trading on Friday, hitting $32.98. The company had a trading volume of 2,718 shares, compared to its average volume of 1,515. The company has a fifty day moving average price of $32.06 and a two-hundred day moving average price of $32.98. The company has a current ratio of 2.97, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05. The company has a market cap of $4.54 billion, a P/E ratio of 17.64 and a beta of 0.06. Nissan Chemical has a fifty-two week low of $24.00 and a fifty-two week high of $43.74.

Nissan Chemical (OTCMKTS:NNCHY) last announced its quarterly earnings results on Monday, November 11th. The company reported $0.40 EPS for the quarter. The business had revenue of $399.87 million for the quarter. Nissan Chemical had a return on equity of 16.84% and a net margin of 16.28%.

Nissan Chemical Company Profile

Nissan Chemical Corporation engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally. The company provides high purity chemicals; AdBlue, an urea solution; ammonia, sulfuric, and nitric acid, as well as concrete and civil engineering-related products; TEPIC, an epoxy compound; Melamine Cyanurate, a salt of melamine and iso cyanuric acid; TEPIC-VL, a liquid epoxy compound; TEPIC-FL, a liquid epoxy material; FOLDI-E101, an epoxy reactive diluent; Ecopromote, a nucleating agents for PLA; Nissan Reishi, a health food; phenylphosphonic acid; HI-LITE, a chlorinated isocyanulate; OPTBEADS, a melamine-formaldehyde resin and silica; and FINEOXOCOL, a saturated fatty alcohol and acid.