Nichias Co. (OTCMKTS:NICFF) Sees Significant Increase in Short Interest

Nichias Co. (OTCMKTS:NICFF) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 276,500 shares, anincreaseof48.7% from the June 30th total of 186,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Nichias Price Performance

OTCMKTS NICFF opened at $22.86 on Thursday. The company has a 50-day moving average price of $22.86 and a 200-day moving average price of $22.85. Nichias has a 52 week low of $22.86 and a 52 week high 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.