Nichias Co. (OTCMKTS:NICFF – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 393,464 shares, a drop of 42.7% from the September 15th total of 687,105 shares. Based on an average daily volume of 1 shares, the short-interest ratio is currently 393,464.0 days.
Nichias Stock Performance
OTCMKTS:NICFF opened at $22.16 on Thursday. The firm’s 50-day moving average is $22.13 and its 200-day moving average is $27.95. Nichias has a 52-week low of $22.12 and a 52-week high of $22.16.
About Nichias
NICHIAS Corporation is a Japan-based manufacturer of industrial materials and engineering products. The company develops and supplies thermal insulation, sealing, filtration, soundproofing and vibration-control materials used in industrial facilities, infrastructure, transportation and manufacturing applications.
Its product portfolio includes insulation materials for high-temperature equipment, gaskets and other sealing products, industrial filters, fire-resistant materials, friction materials and components for automotive and aerospace applications.
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