Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 93.5% in July

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 35,160 shares, a decrease of 93.5% from the June 30th total of 539,623 shares. Based on an average daily trading volume, of 2,012,216 shares, the short-interest ratio is presently 0.0 days. Approximately 2.4% of the company’s stock are short sold.

Nocera Stock Down 8.6%

Nocera stock traded down $0.13 during midday trading on Friday, reaching $1.38. The company’s stock had a trading volume of 79,681 shares, compared to its average volume of 1,099,188. Nocera has a fifty-two week low of $1.30 and a fifty-two week high of $72.00. The company has a market cap of $2.14 million, a P/E ratio of -0.21 and a beta of 1.89. The business has a 50-day simple moving average of $3.70 and a 200-day simple moving average of $9.11.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NCRA. Weiss Ratings upgraded shares of Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday. Wall Street Zen downgraded shares of Nocera to a “strong sell” rating in a research report on Sunday, July 12th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

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. The company was founded in 2014 and is headquartered in New Taipei City, Taiwan.