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Short Interest in Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) Decreases By 26.5%

Nippon Paint logo with Construction background

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF - Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 5,592,400 shares, a decrease of 26.5% from the May 15th total of 7,604,600 shares. Approximately 0.2% of the company's stock are short sold. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 55,924.0 days.

Nippon Paint Trading Down 2.6%

OTCMKTS NPCPF opened at $3.87 on Wednesday. Nippon Paint has a 12 month low of $5.91 and a 12 month high of $7.63. The company has a current ratio of 0.92, a quick ratio of 0.75 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average of $4.02 and a 200-day moving average of $3.69. The company has a market cap of $9.17 billion, a PE ratio of 10.46 and a beta of 1.15.

Nippon Paint (OTCMKTS:NPCPF - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $2.66 billion for the quarter. Nippon Paint had a net margin of 8.07% and a return on equity of 8.63%.

Nippon Paint Company Profile

(Get Free Report)

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.

Further Reading

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