Nippon Steel Co. (OTCMKTS:NPSCY) Sees Significant Increase in Short Interest

Nippon Steel Co. (OTCMKTS:NPSCY) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 153,300 shares, a growth of 60.7% from the January 31st total of 95,400 shares. Based on an average trading volume of 308,500 shares, the short-interest ratio is currently 0.5 days.

Nippon Steel Stock Down 0.5 %

NPSCY traded down $0.04 during trading on Tuesday, reaching $7.57. The stock had a trading volume of 79,960 shares, compared to its average volume of 165,281. The company has a current ratio of 1.93, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average is $7.00 and its two-hundred day moving average is $7.01. The company has a market capitalization of $24.41 billion, a price-to-earnings ratio of 7.72 and a beta of 0.92. Nippon Steel has a one year low of $6.11 and a one year high of $8.62.

Nippon Steel (OTCMKTS:NPSCY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.25 earnings per share for the quarter. Nippon Steel had a net margin of 5.34% and a return on equity of 8.17%.

About Nippon Steel

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.