Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Sees Significant Increase in Short Interest

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 58 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 81 shares, the days-to-cover ratio is currently 0.7 days.

Nissan Chemical Price Performance

Shares of Nissan Chemical stock remained flat at $57.12 on Friday. 54 shares of the company traded hands, compared to its average volume of 76. Nissan Chemical has a 1-year low of $31.68 and a 1-year high of $58.96. The company has a quick ratio of 1.92, a current ratio of 2.96 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average of $53.71 and a two-hundred day moving average of $46.07. The stock has a market cap of $7.70 billion, a P/E ratio of 22.31 and a beta of 0.02.

Nissan Chemical Company Profile

Nissan Chemical Corporation is a Japan-based chemical company that develops and manufactures products for the agricultural, pharmaceutical, electronics and industrial markets. Its business includes agricultural chemicals such as herbicides, fungicides and insecticides, as well as specialty chemicals and materials used in semiconductor manufacturing, display technologies and other advanced applications.

The company also develops pharmaceutical products and active pharmaceutical ingredients, along with functional materials designed to provide specific performance characteristics in industrial and technology-related applications.