Nitto Denko Corp. (OTCMKTS:NDEKY) Short Interest Update

Nitto Denko Corp. (OTCMKTS:NDEKY – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 74,775 shares, a growth of 48.2% from the July 30th total of 50,460 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 45,748 shares, the short-interest ratio is currently 1.6 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered Nitto Denko from a “strong-buy” rating to a “neutral” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

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Nitto Denko Price Performance

Nitto Denko stock traded up $0.23 during mid-day trading on Tuesday, reaching $22.03. 9,761 shares of the company traded hands, compared to its average volume of 102,443. Nitto Denko has a 52-week low of $17.75 and a 52-week high of $26.48. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 16.82 and a beta of 0.84. The firm’s 50 day moving average price is $20.79 and its 200 day moving average price is $20.48.

Nitto Denko (OTCMKTS:NDEKY – Get Free Report) last posted its earnings results on Tuesday, July 28th. The technology company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.13). The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.60 billion. Nitto Denko had a return on equity of 12.35% and a net margin of 12.94%.Nitto Denko has set its FY 2026 guidance at 1.335-1.335 EPS. On average, sell-side analysts anticipate that Nitto Denko will post 1.3 EPS for the current year.

About Nitto Denko

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Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.

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