Nocera, Inc. (NASDAQ:NCRA) Short Interest Update

Nocera, Inc. (NASDAQ:NCRA) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 116,200 shares, an increase of 30.9% from the December 31st total of 88,755 shares. Based on an average daily trading volume, of 72,956 shares, the short-interest ratio is currently 1.6 days. Currently, 0.9% of the company’s shares are short sold. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 72,956 shares, the short-interest ratio is currently 1.6 days.

Nocera Stock Down 5.6%

NCRA stock traded down $0.03 during midday trading on Tuesday, hitting $0.54. The company’s stock had a trading volume of 29,540 shares, compared to its average volume of 93,780. The firm has a 50-day simple moving average of $0.86 and a 200-day simple moving average of $1.28. The firm has a market capitalization of $7.78 million, a P/E ratio of -2.26 and a beta of 1.41. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 0.01. Nocera has a 52-week low of $0.51 and a 52-week high of $2.40.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Nocera in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Nocera Company Profile

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.