Nichias Co. (OTCMKTS:NICFF) Short Interest Up 82.8% in February

Nichias Co. (OTCMKTS:NICFF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 31,800 shares, a growth of 82.8% from the February 13th total of 17,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Nichias Stock Performance

Shares of Nichias stock remained flat at $22.86 during trading hours on Friday. Nichias has a fifty-two week low of $22.86 and a fifty-two week high of $22.86. The company has a 50-day moving average price of $22.86 and a two-hundred day moving average price of $22.86.

About Nichias

Nichias Corporation manufactures and sells thermal insulation materials primarily in Japan. It operates in five segments: Construction and Sales for Plants, Industrial Products, High-Performance Products, Auto Parts, and Building Materials. The company offers gaskets and packings, including sheet, semi-metal, metal, and cloth gaskets, pastes and other sealing materials, and gland packings, as well as thermal insulation materials for molten aluminum.