Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 46.9% in April

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 217,901 shares, a drop of 46.9% from the April 15th total of 410,452 shares. Based on an average daily trading volume, of 290,482 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.3% of the shares of the company are short sold.

Nocera Stock Performance

Shares of NASDAQ NCRA traded up $0.00 during midday trading on Monday, reaching $0.21. 108,263 shares of the company were exchanged, compared to its average volume of 1,127,830. The company has a current ratio of 8.00, a quick ratio of 8.00 and a debt-to-equity ratio of 0.01. Nocera has a 1 year low of $0.17 and a 1 year high of $2.40. The stock has a fifty day simple moving average of $0.24 and a 200 day simple moving average of $0.64. The stock has a market cap of $3.21 million, a P/E ratio of -1.40 and a beta of 1.72.

Nocera (NASDAQ:NCRA) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. Nocera had a negative return on equity of 207.32% and a negative net margin of 44.02%.The company had revenue of $2.28 million for the quarter.

About Nocera

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.