Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Sees Significant Growth in Short Interest

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 58 shares. Based on an average daily trading volume, of 81 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are short sold.

Nissan Chemical Price Performance

Shares of Nissan Chemical stock remained flat at $57.12 on Friday. 54 shares of the stock traded hands, compared to its average volume of 76. The business has a 50 day simple moving average of $53.71 and a 200-day simple moving average of $46.07. The company has a current ratio of 2.96, a quick ratio of 1.92 and a debt-to-equity ratio of 0.08. The stock has a market cap of $7.70 billion, a P/E ratio of 22.31 and a beta of 0.02. Nissan Chemical has a twelve month low of $31.68 and a twelve month high of $58.96.

Nissan Chemical Company Profile

Nissan Chemical Corporation is a Japan-based chemical company that develops and manufactures products for the agricultural, pharmaceutical, electronics and industrial markets. Its business includes agricultural chemicals such as herbicides, fungicides and insecticides, as well as specialty chemicals and materials used in semiconductor manufacturing, display technologies and other advanced applications.

The company also develops pharmaceutical products and active pharmaceutical ingredients, along with functional materials designed to provide specific performance characteristics in industrial and technology-related applications.