Nocera, Inc. (NASDAQ:NCRA) Short Interest Up 139.6% in May

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 522,197 shares, an increase of 139.6% from the April 30th total of 217,901 shares. Based on an average daily trading volume, of 2,942,900 shares, the short-interest ratio is currently 0.2 days. Approximately 3.6% of the shares of the stock are short sold.

Nocera Price Performance

Shares of NASDAQ NCRA traded down $0.04 during mid-day trading on Friday, hitting $0.22. 1,197,606 shares of the company’s stock traded hands, compared to its average volume of 14,584,005. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.00 and a quick ratio of 8.00. Nocera has a 1 year low of $0.17 and a 1 year high of $2.40. The company’s 50-day moving average is $0.22 and its two-hundred day moving average is $0.55. The company has a market capitalization of $3.40 million, a P/E ratio of -1.01 and a beta of 1.72.

Nocera (NASDAQ:NCRA) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) 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 during the quarter.

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.