Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF – Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 3,285 shares, a drop of 50.0% from the September 15th total of 6,564 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Nippon Carbon Stock Performance
Shares of NCRBF stock opened at $32.92 on Thursday. Nippon Carbon has a twelve month low of $27.25 and a twelve month high of $32.92. The stock’s fifty day simple moving average is $27.49 and its 200 day simple moving average is $28.50.
About Nippon Carbon
Nippon Carbon Co, Ltd. is a Japanese manufacturer of carbon and related advanced materials. The company develops and produces graphite electrodes and other carbon products used in industrial applications, including electric-furnace steelmaking and high-temperature processing.
Its product portfolio also includes carbon fibers and ceramic fibers, such as silicon carbide fibers, which are used in applications requiring high strength, heat resistance, and lightweight performance. These materials serve industries including aerospace, energy, transportation, industrial equipment, and other specialized manufacturing markets.
Founded in Japan in 1915, Nippon Carbon has expanded its business beyond the domestic market through international customers and applications.
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