Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) Short Interest Down 59.8% in May

Nissan Chemical Corporation Unsponsored ADR (OTCMKTS:NNCHY) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 139 shares, a drop of 59.8% from the May 14th total of 346 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 248 shares, the days-to-cover ratio is presently 0.6 days.

Nissan Chemical Price Performance

OTCMKTS NNCHY opened at $43.66 on Friday. The business has a fifty day moving average price of $44.04 and a two-hundred day moving average price of $39.70. The stock has a market capitalization of $5.88 billion, a PE ratio of 17.60 and a beta of 0.02. Nissan Chemical has a fifty-two week low of $26.65 and a fifty-two week high of $49.63. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.62.

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.