Nissan Chemical Co. (OTCMKTS:NNCHY) Sees Significant Decrease in Short Interest

Nissan Chemical Co. (OTCMKTS:NNCHY) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 300 shares, a drop of 57.1% from the December 15th total of 700 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 0.0 days.

Nissan Chemical Stock Performance

Shares of NNCHY opened at $30.00 on Thursday. The company has a current ratio of 2.97, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05. The firm has a market cap of $4.13 billion, a PE ratio of 16.21 and a beta of 0.06. The company’s 50 day simple moving average is $32.56 and its 200-day simple moving average is $32.95. Nissan Chemical has a 12-month low of $24.00 and a 12-month high of $43.74.

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.