Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Short Interest Down 22.2% in April

Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 2,100 shares, a decline of 22.2% from the March 31st total of 2,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Nippon Carbon Stock Performance

OTCMKTS NCRBF remained flat at $30.00 during trading on Tuesday. The firm has a fifty day simple moving average of $30.00 and a two-hundred day simple moving average of $30.00. Nippon Carbon has a 12-month low of $29.85 and a 12-month high of $30.00.

Nippon Carbon Company Profile

Nippon Carbon Co, Ltd. engages in the manufacture and sale of carbon products in Japan, China, and internationally. The company operates through Carbon Products Related, Silicon Carbide Products Related, and Others segments. It offers carbon fiber products, including molded heat insulating materials for high temperature furnaces; CARBORON, a soft felt used in a range of heat insulators for high temperature furnaces; C/C Composite, a lightweight carbon material used in heat resistant composite structural members, high temperature furnace materials, trays, jigs, etc.; and CARBEST, a carbon fiber packing material.