Nichias Co. (OTCMKTS:NICFF) Sees Large Decrease in Short Interest

Nichias Co. (OTCMKTS:NICFF) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 14,400 shares, a decline of 27.3% from the November 15th total of 19,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Nichias Stock Performance

Nichias stock remained flat at $22.86 during mid-day trading on Friday. Nichias has a fifty-two week low of $22.86 and a fifty-two week high of $22.86. The firm has a 50 day simple moving average of $22.86 and a two-hundred day simple moving average of $22.86.

Nichias Company Profile

Nichias Corporation manufactures and sells thermal insulation materials primarily in Japan. It operates in five segments: Construction and Sales for Plants, Industrial Products, High-Performance Products, Auto Parts, and Building Materials. The company offers gaskets and packings, including sheet, semi-metal, metal, and cloth gaskets, pastes and other sealing materials, and gland packings, as well as thermal insulation materials for molten aluminum.