Short Interest in Nocera, Inc. (NASDAQ:NCRA) Rises By 30.9%

Nocera, Inc. (NASDAQ:NCRA) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 116,200 shares, an increase of 30.9% from the December 31st total of 88,755 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 72,956 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily trading volume, of 72,956 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.9% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Nocera in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Nocera Price Performance

NCRA traded up $0.03 during midday trading on Monday, hitting $0.57. The stock had a trading volume of 79,613 shares, compared to its average volume of 90,688. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.47 and a current ratio of 2.47. Nocera has a 1 year low of $0.51 and a 1 year high of $2.40. The business has a fifty day moving average of $0.88 and a 200 day moving average of $1.29. The company has a market cap of $8.24 million, a P/E ratio of -2.39 and a beta of 1.41.

Nocera Company Profile

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.