Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 36.2% in August

Nocera, Inc. (NASDAQ:NCRA) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 125,796 shares, a decline of 36.2% from the August 15th total of 197,076 shares. Based on an average daily trading volume, of 5,927,584 shares, the short-interest ratio is presently 0.0 days. Approximately 5.6% of the company’s shares are short sold.

Wall Street Analyst Weigh In

NCRA has been the subject of a number of recent analyst reports. Weiss Ratings cut Nocera from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 17th. Wall Street Zen lowered Nocera to a “strong sell” rating in a research note on Sunday, July 12th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Nocera presently has an average rating of “Sell”.

Nocera Trading Up 0.8%

Shares of Nocera stock traded up $0.01 on Friday, hitting $2.00. 7,599 shares of the company traded hands, compared to its average volume of 1,496,252. The stock’s 50 day moving average price is $1.90 and its 200-day moving average price is $4.58. Nocera has a 52 week low of $1.30 and a 52 week high of $72.00. The company has a market cap of $4.74 million, a PE ratio of -0.30 and a beta of 1.99.

Nocera (NASDAQ:NCRA) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.99) EPS for the quarter. Nocera had a negative return on equity of 226.49% and a negative net margin of 59.98%.The firm had revenue of $2.14 million for the quarter.

About Nocera

Nocera, Inc, together with its subsidiaries, designs, develops, and produces recirculating aquaculture systems for fish farms in Taiwan. The company also offers consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services. In addition, the company sells signature seafood porridge bowl through its flagship bento box store. The company was founded in 2014 and is headquartered in New Taipei City, Taiwan.