Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Short Interest Up 187.0% in August

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 66 shares, an increase of 187.0% from the July 30th total of 23 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 67 shares, the short-interest ratio is presently 1.0 days.

Nissan Chemical Stock Performance

Nissan Chemical stock remained flat at $51.06 during mid-day trading on Thursday. 203 shares of the company’s stock were exchanged, compared to its average volume of 47. The company has a current ratio of 2.84, a quick ratio of 1.86 and a debt-to-equity ratio of 0.04. Nissan Chemical has a 1 year low of $31.68 and a 1 year high of $54.53. The firm’s fifty day moving average is $48.17 and its 200 day moving average is $44.73. The company has a market capitalization of $6.88 billion, a price-to-earnings ratio of 19.95 and a beta of 0.03.

Nissan Chemical Company Profile

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.