Nissan Chemical Co. (OTCMKTS:NNCHY) Short Interest Update

Nissan Chemical Co. (OTCMKTS:NNCHY - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 1,300 shares, an increase of 116.7% from the February 28th total of 600 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 2.2 days. Currently, 0.0% of the company's stock are short sold.

Nissan Chemical Stock Performance

OTCMKTS NNCHY remained flat at $33.50 on Tuesday. The company's stock had a trading volume of 47 shares, compared to its average volume of 1,390. The company's 50-day moving average is $30.15 and its 200-day moving average is $32.28. The firm has a market capitalization of $4.58 billion, a PE ratio of 15.95 and a beta of 0.09. Nissan Chemical has a one year low of $24.00 and a one year high of $39.54. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.70 and a current ratio of 2.43.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last posted its quarterly earnings results 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%.

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.