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Nippon Steel Co. (OTCMKTS:NPSCY) Short Interest Up 60.7% in February

Nippon Steel logo with Basic Materials background
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Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 153,300 shares, a growth of 60.7% from the January 31st total of 95,400 shares. Based on an average daily volume of 308,500 shares, the short-interest ratio is presently 0.5 days.

Nippon Steel Stock Performance

OTCMKTS:NPSCY traded up $0.01 during mid-day trading on Wednesday, hitting $7.58. The stock had a trading volume of 170,642 shares, compared to its average volume of 165,116. Nippon Steel has a twelve month low of $6.11 and a twelve month high of $8.62. The company's 50 day simple moving average is $7.02 and its 200 day simple moving average is $7.01. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.93. The stock has a market cap of $24.42 billion, a price-to-earnings ratio of 7.73 and a beta of 0.80.

Nippon Steel (OTCMKTS:NPSCY - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.25 earnings per share for the quarter. Nippon Steel had a net margin of 5.34% and a return on equity of 8.17%.

About Nippon Steel

(Get Free Report)

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.

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