Nichias Co. (OTCMKTS:NICFF) Short Interest Up 546.2% in March

Nichias Co. (OTCMKTS:NICFF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 16,800 shares, an increase of 546.2% from the February 29th total of 2,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Nichias Price Performance

OTCMKTS NICFF remained flat at $22.86 during trading hours on Thursday. Nichias has a 12-month low of $22.86 and a 12-month high of $22.86. The firm has a 50 day moving average price of $22.76 and a two-hundred day moving average price of $21.55.

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.