Nippon Steel Co. (OTCMKTS:NPSCY) Short Interest Down 22.7% in April

Nippon Steel Co. (OTCMKTS:NPSCY) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 47,400 shares, a decrease of 22.7% from the March 31st total of 61,300 shares. Based on an average trading volume of 95,800 shares, the short-interest ratio is presently 0.5 days.

Nippon Steel Price Performance

Shares of Nippon Steel stock traded up $0.14 on Tuesday, hitting $7.54. The company had a trading volume of 65,233 shares, compared to its average volume of 38,196. Nippon Steel has a 52 week low of $6.45 and a 52 week high of $8.79. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.79 and a quick ratio of 0.93. The business has a 50-day simple moving average of $8.05 and a 200-day simple moving average of $7.77. The company has a market cap of $21.49 billion, a PE ratio of 5.08 and a beta of 0.92.

Nippon Steel (OTCMKTS:NPSCY) last released its earnings results on Thursday, February 8th. The company reported $0.30 EPS for the quarter. The business had revenue of $15.10 billion during the quarter. Nippon Steel had a net margin of 7.19% and a return on equity of 12.53%.

Nippon Steel Company Profile

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.