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Short Interest in Nippon Steel Co. (OTCMKTS:NPSCY) Declines By 22.7%

Nippon Steel Co. (OTCMKTS:NPSCY - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 47,400 shares, a decrease of 22.7% from the March 31st total of 61,300 shares. Based on an average daily volume of 95,800 shares, the short-interest ratio is presently 0.5 days.

Nippon Steel Stock Up 0.8 %

NPSCY stock traded up $0.06 during mid-day trading on Friday, hitting $7.36. The stock had a trading volume of 79,276 shares, compared to its average volume of 50,435. The company has a current ratio of 1.79, a quick ratio of 0.93 and a debt-to-equity ratio of 0.41. Nippon Steel has a 1-year low of $6.45 and a 1-year high of $8.79. The company has a fifty day moving average of $8.05 and a 200 day moving average of $7.77. The stock has a market capitalization of $20.35 billion, a price-to-earnings ratio of 5.08 and a beta of 0.92.

Nippon Steel (OTCMKTS:NPSCY - Get Free Report) last issued its earnings results on Thursday, February 8th. The company reported $0.30 earnings per share for the quarter. Nippon Steel had a return on equity of 12.53% and a net margin of 7.19%. The company had revenue of $15.10 billion for the quarter.

About Nippon Steel

(Get Free Report)


Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.

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