Nocera, Inc. (NASDAQ:NCRA) Short Interest Update

Nocera, Inc. (NASDAQ:NCRA) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 11,500 shares, a decline of 22.8% from the May 31st total of 14,900 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 6,000 shares, the short-interest ratio is presently 1.9 days.

Hedge Funds Weigh In On Nocera

An institutional investor recently bought a new position in Nocera stock. Sabby Management LLC bought a new stake in shares of Nocera, Inc. (NASDAQ:NCRA) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,528 shares of the company’s stock, valued at approximately $44,000. Sabby Management LLC owned approximately 0.28% of Nocera as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 1.26% of the company’s stock.

Nocera Stock Performance

NASDAQ NCRA remained flat at $1.10 during trading on Friday. 2,089 shares of the company’s stock traded hands, compared to its average volume of 3,559. The stock has a 50 day simple moving average of $1.13 and a two-hundred day simple moving average of $1.20. Nocera has a 1-year low of $0.93 and a 1-year high of $3.10. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $14.91 million, a P/E ratio of -2.89 and a beta of 1.36.

Nocera (NASDAQ:NCRA) last posted its earnings results on Wednesday, May 15th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $4.90 million for the quarter. Nocera had a negative return on equity of 78.71% and a negative net margin of 15.16%.

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.