Nissan Chemical Co. (OTCMKTS:NNCHY) Sees Significant Decrease in Short Interest

Nissan Chemical Co. (OTCMKTS:NNCHY - Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, a drop of 71.4% from the March 31st total of 700 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company's shares are short sold.

Nissan Chemical Trading Down 0.6 %

Shares of OTCMKTS NNCHY traded down $0.19 during trading on Friday, reaching $31.01. The stock had a trading volume of 264 shares, compared to its average volume of 1,318. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.70 and a current ratio of 2.43. The company has a market cap of $4.24 billion, a P/E ratio of 14.77 and a beta of -0.05. Nissan Chemical has a fifty-two week low of $24.00 and a fifty-two week high of $39.54. The business's 50-day moving average price is $29.34 and its 200-day moving average price is $31.59.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last released its earnings results on Friday, February 7th. The company reported $0.54 EPS for the quarter. Nissan Chemical had a return on equity of 18.80% and a net margin of 17.75%.

About Nissan Chemical

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.

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