Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Short Interest Down 59.8% in May

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 139 shares, a decline of 59.8% from the May 14th total of 346 shares. Based on an average trading volume of 248 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are sold short.

Nissan Chemical Stock Performance

Shares of OTCMKTS NNCHY remained flat at $43.66 during trading hours on Friday. The company had a trading volume of 18 shares, compared to its average volume of 277. Nissan Chemical has a 12-month low of $26.65 and a 12-month high of $49.63. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 17.60 and a beta of 0.02. The company has a 50-day moving average price of $44.08 and a two-hundred day moving average price of $39.78. The company has a current ratio of 2.72, a quick ratio of 1.62 and a debt-to-equity ratio of 0.04.

About Nissan Chemical

Nissan Chemical Corporation, traded over the counter in the U.S. under the ticker OTCMKTS:NNCHY, is a Japanese specialty chemical company with roots dating back to the late 19th century. Originating in 1887 as Tsurumi Chemical Works, the company was established by Jokichi Takamine following his isolation of adrenaline. Over the decades, Nissan Chemical has evolved into a diversified group that leverages its long-standing expertise in organic chemistry and materials science.

The company operates through multiple business segments, including performance materials, life science products and agrochemicals.