Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) Short Interest Up 65.4% in August

Key Points

• Nippon Paint Holdings Co., Ltd. experienced a 65.4% increase in short interest, reaching a total of 6,654,500 shares as of August 15th.
• The company's recent earnings report showed an EPS of $0.15 and revenue of $3.09 billion for the quarter ending August 8th.
• Nippon Paint's stock price is currently around $3.58, with a market cap of approximately $8.49 billion and a 52-week trading range between $7.63 and $8.12.

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF - Get Free Report) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totaling 6,654,500 shares, a growth of 65.4% from the July 31st total of 4,022,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Nippon Paint Stock Performance

Shares of OTCMKTS:NPCPF traded down $0.41 during midday trading on Thursday, hitting $3.37. The company had a trading volume of 1,737 shares. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.91 and a quick ratio of 0.75. The company has a market cap of $7.99 billion, a price-to-earnings ratio of 8.03 and a beta of 1.19. Nippon Paint has a 12-month low of $7.63 and a 12-month high of $8.12. The company has a fifty day moving average of $4.26 and a two-hundred day moving average of $4.05.

Nippon Paint (OTCMKTS:NPCPF - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The company reported $0.15 EPS for the quarter. The firm had revenue of $3.09 billion during the quarter. Nippon Paint had a return on equity of 9.74% and a net margin of 8.90%.

Nippon Paint Company Profile

Nippon Paint Holdings Co, Ltd. engages in the paints and fine chemicals businesses. The company offers automotive coatings, including paints for the automotive body, including surface treatment, electrodeposition coating, intermediate coating, and finish coating; paints for plastic components, such as bumpers and interior components; trade-use paints for construction sites, including single-family detached homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior construction materials, office equipment, and electric home appliances.