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

Nissan Chemical Co. (OTCMKTS:NNCHY) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,300 shares, an increase of 116.7% from the February 28th total of 600 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 600 shares, the short-interest ratio is presently 2.2 days.

Nissan Chemical Stock Performance

Shares of Nissan Chemical stock traded up $2.96 on Friday, reaching $33.50. 457 shares of the stock were exchanged, compared to its average volume of 1,390. Nissan Chemical has a 1-year low of $24.00 and a 1-year high of $39.54. The business has a fifty day moving average price of $30.13 and a two-hundred day moving average price of $32.28. The firm has a market capitalization of $4.62 billion, a PE ratio of 15.95 and a beta of 0.09. The company has a current ratio of 2.43, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05.

Nissan Chemical (OTCMKTS:NNCHY) last announced its earnings results on Friday, February 7th. The company reported $0.54 earnings per share (EPS) 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.