Nocera, Inc. (NASDAQ:NCRA) Sees Significant Drop in Short Interest

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 66,884 shares, a drop of 42.4% from the January 15th total of 116,200 shares. Based on an average daily trading volume, of 109,405 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 109,405 shares, the short-interest ratio is currently 0.6 days.

Nocera Price Performance

Shares of NASDAQ NCRA traded down $0.01 during midday trading on Friday, reaching $0.45. 3,544 shares of the company were exchanged, compared to its average volume of 79,158. The stock’s 50-day moving average price is $0.79 and its 200-day moving average price is $1.24. The stock has a market cap of $6.44 million, a P/E ratio of -1.87 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 one year low of $0.44 and a one year high of $2.40.

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.