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 increase in short interest in July. As of July 15th, there was short interest totaling 800 shares, anincreaseof300.0% from the June 30th total of 200 shares. Currently,0.0% of the shares of the stock are sold short. Based on an average daily volume of 900 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 900 shares, the short-interest ratio is presently 0.9 days. Currently,0.0% of the shares of the stock are sold short.

Nissan Chemical Stock Performance

Shares of Nissan Chemical stock remained flat at $35.25 during midday trading on Friday. 25 shares of the company were exchanged, compared to its average volume of 562. The company has a quick ratio of 1.64, a current ratio of 2.66 and a debt-to-equity ratio of 0.05. The firm has a market cap of $4.82 billion, a P/E ratio of 17.11 and a beta of -0.09. The company's fifty day moving average is $31.36 and its two-hundred day moving average is $30.52. Nissan Chemical has a fifty-two week low of $24.00 and a fifty-two week high of $39.54.

Nissan Chemical (OTCMKTS:NNCHY - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.51 earnings per share for the quarter. The business 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.