Nippon Steel Co. (OTCMKTS:NPSCY) Short Interest Update

Nippon Steel Co. (OTCMKTS:NPSCY) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 153,300 shares, a growth of 60.7% from the January 31st total of 95,400 shares. Based on an average daily volume of 308,500 shares, the days-to-cover ratio is currently 0.5 days.

Nippon Steel Stock Up 1.5 %

OTCMKTS NPSCY opened at $7.61 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.93 and a quick ratio of 1.03. The company’s 50 day simple moving average is $6.97 and its 200 day simple moving average is $7.01. Nippon Steel has a 12 month low of $6.11 and a 12 month high of $8.67. The company has a market capitalization of $24.54 billion, a P/E ratio of 7.77 and a beta of 0.92.

Nippon Steel (OTCMKTS:NPSCY) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.25 earnings per share (EPS) for the quarter. Nippon Steel had a net margin of 5.34% and a return on equity of 8.17%.

About Nippon Steel

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.