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

Nichias Co. (OTCMKTS:NICFF) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 23,300 shares, a growth of 38.7% from the March 15th total of 16,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nichias Price Performance

NICFF stock opened at $22.86 on Monday. The company’s 50-day moving average is $22.86 and its 200-day moving average is $21.53. Nichias has a 1 year low of $22.86 and a 1 year high of $22.86.

About Nichias

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.