Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 93.5% in July

Nocera, Inc. (NASDAQ:NCRA) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 35,160 shares, a decrease of 93.5% from the June 30th total of 539,623 shares. Approximately 2.4% of the company’s stock are sold short. Based on an average daily volume of 2,012,216 shares, the short-interest ratio is currently 0.0 days.

Nocera Stock Performance

Shares of NCRA stock traded down $0.13 during mid-day trading on Friday, hitting $1.38. 79,681 shares of the stock were exchanged, compared to its average volume of 1,099,188. The stock’s fifty day simple moving average is $3.70 and its two-hundred day simple moving average is $9.11. Nocera has a 12-month low of $1.30 and a 12-month high of $72.00. The stock has a market capitalization of $2.14 million, a price-to-earnings ratio of -0.21 and a beta of 1.89.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NCRA shares. Weiss Ratings upgraded shares of Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday. Wall Street Zen cut shares of Nocera to a “strong sell” rating in a report on Sunday, July 12th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

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.