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

Nissan Chemical logo with Basic Materials background
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Nissan Chemical Co. (OTCMKTS:NNCHY - Get Free Report) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 600 shares, a decrease of 14.3% from the February 13th total of 700 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 0.5 days.

Nissan Chemical Stock Performance

Shares of OTCMKTS:NNCHY remained flat at $31.17 during mid-day trading on Friday. 116 shares of the company were exchanged, 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 stock has a fifty day moving average of $30.23 and a 200 day moving average of $32.38. 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 has a 1-year low of $24.00 and a 1-year high of $42.08.

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

Nissan Chemical Company Profile

(Get Free Report)

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.

Further Reading

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