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

Nissan Chemical Co. (OTCMKTS:NNCHY) saw a significant 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. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are short sold.

Nissan Chemical Stock Performance

Shares of NNCHY opened at $31.17 on Friday. The company has a current ratio of 2.43, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05. The firm’s 50-day moving average is $30.21 and its two-hundred day moving average is $32.41. Nissan Chemical has a twelve month low of $24.00 and a twelve month high of $42.08. The firm has a market capitalization of $4.30 billion, a P/E ratio of 14.84 and a beta of 0.09.

Nissan Chemical (OTCMKTS:NNCHY) last issued its 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%.

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.