Nippon Steel Co. (OTCMKTS:NPSCY) Short Interest Down 31.5% in March

Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 38,100 shares, a drop of 31.5% from the February 28th total of 55,600 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 124,500 shares, the short-interest ratio is currently 0.3 days.

Nippon Steel Trading Down 1.3 %

NPSCY traded down $0.09 during midday trading on Thursday, hitting $6.93. The company's stock had a trading volume of 57,854 shares, compared to its average volume of 124,830. Nippon Steel has a 52-week low of $6.11 and a 52-week high of $8.24. The company has a current ratio of 1.93, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average price of $7.43 and a two-hundred day moving average price of $7.03. The firm has a market cap of $22.34 billion, a P/E ratio of 7.07 and a beta of 0.70.

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

Nippon Steel Company Profile

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.