Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Short Interest Update

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 66 shares, a growth of 187.0% from the July 30th total of 23 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 67 shares, the short-interest ratio is presently 1.0 days.

Nissan Chemical Stock Performance

Shares of NNCHY stock opened at $51.06 on Friday. The stock has a fifty day simple moving average of $48.32 and a two-hundred day simple moving average of $44.84. Nissan Chemical has a 52-week low of $31.68 and a 52-week high of $54.53. The firm has a market capitalization of $6.88 billion, a PE ratio of 19.95 and a beta of 0.03. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.86 and a current ratio of 2.84.

About Nissan Chemical

Nissan Chemical Corporation, traded over the counter in the U.S. under the ticker OTCMKTS:NNCHY, is a Japanese specialty chemical company with roots dating back to the late 19th century. Originating in 1887 as Tsurumi Chemical Works, the company was established by Jokichi Takamine following his isolation of adrenaline. Over the decades, Nissan Chemical has evolved into a diversified group that leverages its long-standing expertise in organic chemistry and materials science.

The company operates through multiple business segments, including performance materials, life science products and agrochemicals.