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

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 23 shares, a decline of 77.5% from the July 15th total of 102 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 238 shares, the short-interest ratio is currently 0.1 days.

Nissan Chemical Stock Performance

OTCMKTS:NNCHY remained flat at $48.70 during trading hours on Friday. 130 shares of the company’s stock traded hands, compared to its average volume of 125. The company has a market capitalization of $6.57 billion, a P/E ratio of 19.64 and a beta of 0.03. The firm has a fifty day simple moving average of $47.49 and a 200 day simple moving average of $43.87. Nissan Chemical has a one year low of $31.68 and a one year high of $54.53. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.86 and a current ratio of 2.84.

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.