Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Sees Significant Decrease in Short Interest

Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 57,200 shares, a decline of 16.7% from the February 13th total of 68,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Nippon Carbon Stock Performance

Shares of OTCMKTS:NCRBF opened at $30.00 on Thursday. Nippon Carbon has a twelve month low of $29.85 and a twelve month high of $30.00. The business has a 50 day moving average price of $30.00 and a 200 day moving average price of $30.00.

Nippon Carbon Company Profile

Nippon Carbon Co, Ltd. engages in the manufacture and sale of carbon products in Japan, China, and internationally. The company operates through Carbon Products Related, Silicon Carbide Products Related, and Others segments. It offers carbon fiber products, including molded heat insulating materials for high temperature furnaces; CARBORON, a soft felt used in a range of heat insulators for high temperature furnaces; C/C Composite, a lightweight carbon material used in heat resistant composite structural members, high temperature furnace materials, trays, jigs, etc.; and CARBEST, a carbon fiber packing material.