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

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 139 shares, a decline of 59.8% from the May 14th total of 346 shares. Based on an average trading volume of 248 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are short sold.

Nissan Chemical Stock Performance

OTCMKTS NNCHY remained flat at $43.66 during trading hours on Friday. 18 shares of the company traded hands, compared to its average volume of 280. The stock has a 50 day simple moving average of $44.08 and a two-hundred day simple moving average of $39.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.62. The firm has a market capitalization of $5.88 billion, a price-to-earnings ratio of 17.60 and a beta of 0.02. Nissan Chemical has a 12 month low of $26.65 and a 12 month high of $49.63.

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.