Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Short Interest Update

Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,866 shares, a decline of 56.7% from the April 30th total of 8,930 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 3,866.0 days.

Nippon Carbon Stock Up 5.5%

Shares of Nippon Carbon stock traded up $1.56 on Friday, reaching $29.93. The stock had a trading volume of 200 shares, compared to its average volume of 575. The company has a 50 day moving average price of $30.32 and a 200 day moving average price of $29.55. Nippon Carbon has a 1 year low of $28.36 and a 1 year high of $31.84.

About Nippon Carbon

Nippon Carbon Co, Ltd. is a Japan-based industrial materials company specializing in carbon and graphite products. The company’s core operations encompass the development, manufacturing, and sale of specialty carbon materials used across a broad range of industries, including steel, automotive, electronics, and energy storage.

The firm’s product lineup features graphite electrodes for electric arc furnace steelmaking, carbon black and thermal management materials for electronic devices and automotive components, and advanced carbon fibers and composite materials for aerospace and industrial applications.