Nocera, Inc. (NASDAQ:NCRA) Sees Significant Growth in Short Interest

Nocera, Inc. (NASDAQ:NCRA) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 522,197 shares, an increase of 139.6% from the April 30th total of 217,901 shares. Approximately 3.6% of the shares of the stock are sold short. Based on an average daily volume of 2,942,900 shares, the days-to-cover ratio is currently 0.2 days.

Nocera Price Performance

NCRA stock traded down $0.02 during midday trading on Tuesday, reaching $0.20. The company had a trading volume of 1,723,080 shares, compared to its average volume of 14,640,949. The company has a market capitalization of $3.03 million, a price-to-earnings ratio of -0.89 and a beta of 1.72. The stock has a 50 day moving average price of $0.22 and a 200-day moving average price of $0.54. Nocera has a 1-year low of $0.17 and a 1-year high of $2.40. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.00 and a quick ratio of 8.00.

Nocera (NASDAQ:NCRA) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. Nocera had a negative return on equity of 207.32% and a negative net margin of 44.02%.The firm had revenue of $2.28 million for the quarter.

Nocera Company Profile

Nocera, Inc, together with its subsidiaries, designs, develops, and produces recirculating aquaculture systems for fish farms in Taiwan. The company also offers consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services. In addition, the company sells signature seafood porridge bowl through its flagship bento box store. The company was founded in 2014 and is headquartered in New Taipei City, Taiwan.