Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Short Interest Update

Key Points

• Nissan Chemical Corporation (OTCMKTS:NNCHY) experienced a significant increase in short interest of 300% in July, rising from 200 shares to 800 shares, despite only 0.0% of its stock being short sold.
• The company’s stock price rose 15.9%, reaching $35.25, and has a market capitalization of $4.82 billion.
• In its recent quarterly earnings, Nissan Chemical reported an EPS of $0.51 and revenue of $501.97 million with a net margin of 17.10%.

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY - Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 800 shares, a growth of 300.0% from the June 30th total of 200 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 0.9 days.

Nissan Chemical Stock Up 15.9%

Shares of NNCHY stock traded up $4.85 during mid-day trading on Tuesday, hitting $35.25. The company's stock had a trading volume of 801 shares, compared to its average volume of 673. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.64 and a current ratio of 2.66. Nissan Chemical has a 52-week low of $24.00 and a 52-week high of $39.54. The stock has a market cap of $4.82 billion and a price-to-earnings ratio of 17.11. The business has a 50-day moving average price of $30.97 and a 200 day moving average price of $30.40.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.51 EPS for the quarter. The firm had revenue of $501.97 million during the quarter. Nissan Chemical had a net margin of 17.10% and a return on equity of 17.98%.

About Nissan Chemical

Nissan Chemical Corporation engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally. The company provides high purity chemicals; AdBlue, an urea solution; ammonia, sulfuric, and nitric acid, as well as concrete and civil engineering-related products; TEPIC, an epoxy compound; Melamine Cyanurate, a salt of melamine and iso cyanuric acid; TEPIC-VL, a liquid epoxy compound; TEPIC-FL, a liquid epoxy material; FOLDI-E101, an epoxy reactive diluent; Ecopromote, a nucleating agents for PLA; Nissan Reishi, a health food; phenylphosphonic acid; HI-LITE, a chlorinated isocyanulate; OPTBEADS, a melamine-formaldehyde resin and silica; and FINEOXOCOL, a saturated fatty alcohol and acid.

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