Short Interest in Nissan Chemical Co. (OTCMKTS:NNCHY) Drops By 14.3%

Nissan Chemical Co. (OTCMKTS:NNCHY) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 600 shares, a decline of 14.3% from the February 13th total of 700 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are short sold.

Nissan Chemical Stock Performance

Shares of OTCMKTS NNCHY remained flat at $31.17 during trading hours on Wednesday. The stock had a trading volume of 133 shares, compared to its average volume of 1,500. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 14.84 and a beta of 0.09. The company’s 50 day simple moving average is $30.28 and its two-hundred day simple moving average is $32.43. The company has a quick ratio of 1.70, a current ratio of 2.43 and a debt-to-equity ratio of 0.05. Nissan Chemical has a one year low of $24.00 and a one year high of $42.08.

Nissan Chemical (OTCMKTS:NNCHY) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.54 earnings per share for the quarter. Nissan Chemical had a return on equity of 18.80% and a net margin of 17.75%.

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.