Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Short Interest Down 77.5% in July

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 23 shares, a drop of 77.5% from the July 15th total of 102 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 238 shares, the days-to-cover ratio is currently 0.1 days.

Nissan Chemical Price Performance

Shares of Nissan Chemical stock traded up $3.74 during trading hours on Thursday, hitting $48.70. The company’s stock had a trading volume of 130 shares, compared to its average volume of 550. The company has a market cap of $6.57 billion, a PE ratio of 19.64 and a beta of 0.03. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.86 and a current ratio of 2.84. The business has a 50 day moving average price of $47.50 and a two-hundred day moving average price of $43.78. Nissan Chemical has a 12-month low of $31.68 and a 12-month high of $54.53.

About Nissan Chemical

Nissan Chemical Corporation, traded over the counter in the U.S. under the ticker OTCMKTS:NNCHY, is a Japanese specialty chemical company with roots dating back to the late 19th century. Originating in 1887 as Tsurumi Chemical Works, the company was established by Jokichi Takamine following his isolation of adrenaline. Over the decades, Nissan Chemical has evolved into a diversified group that leverages its long-standing expertise in organic chemistry and materials science.

The company operates through multiple business segments, including performance materials, life science products and agrochemicals.