Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 93.5% in July

Nocera, Inc. (NASDAQ:NCRA) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 35,160 shares, a decline of 93.5% from the June 30th total of 539,623 shares. Currently, 2.4% of the company’s shares are short sold. Based on an average daily trading volume, of 2,012,216 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Weiss Ratings raised Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday. Wall Street Zen cut shares of Nocera to a “strong sell” rating in a research report on Sunday, July 12th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Nocera currently has an average rating of “Sell”.

Nocera Stock Down 8.6%

NASDAQ:NCRA traded down $0.13 on Friday, reaching $1.38. The company’s stock had a trading volume of 79,681 shares, compared to its average volume of 1,099,188. Nocera has a 12-month low of $1.30 and a 12-month high of $72.00. The firm has a market cap of $2.14 million, a price-to-earnings ratio of -0.21 and a beta of 1.89. The stock has a 50 day moving average price of $3.70 and a 200 day moving average price of $9.11.

About Nocera

Nocera, Inc, together with its subsidiaries, designs, develops, and produces recirculating aquaculture systems for fish farms in Taiwan. The company also offers consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services. In addition, the company sells signature seafood porridge bowl through its flagship bento box store. The company was founded in 2014 and is headquartered in New Taipei City, Taiwan.