Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF – Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 3,866 shares, a drop of 56.7% from the April 30th total of 8,930 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is currently 3,866.0 days.
Nippon Carbon Price Performance
NCRBF stock remained flat at $29.93 during trading hours on Monday. The company had a trading volume of 200 shares, compared to its average volume of 575. The firm has a 50 day moving average of $30.29 and a 200-day moving average of $29.56. Nippon Carbon has a fifty-two week low of $28.36 and a fifty-two week high of $31.84.
About Nippon Carbon
Nippon Carbon Co, Ltd. is a Japan-based industrial materials company specializing in carbon and graphite products. The company’s core operations encompass the development, manufacturing, and sale of specialty carbon materials used across a broad range of industries, including steel, automotive, electronics, and energy storage.
The firm’s product lineup features graphite electrodes for electric arc furnace steelmaking, carbon black and thermal management materials for electronic devices and automotive components, and advanced carbon fibers and composite materials for aerospace and industrial applications.
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