Nichias Co. (OTCMKTS:NICFF – Get Free Report) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 393,464 shares, a decrease of 42.7% from the September 15th total of 687,105 shares. Based on an average trading volume of 1 shares, the days-to-cover ratio is currently 393,464.0 days.
Nichias Price Performance
Shares of OTCMKTS:NICFF remained flat at $22.16 during midday trading on Friday. Nichias has a 52-week low of $22.12 and a 52-week high of $22.16. The company has a 50-day moving average of $22.13 and a two-hundred day moving average of $27.70.
About Nichias
NICHIAS Corporation is a Japan-based manufacturer of industrial materials and engineering products. The company develops and supplies thermal insulation, sealing, filtration, soundproofing and vibration-control materials used in industrial facilities, infrastructure, transportation and manufacturing applications.
Its product portfolio includes insulation materials for high-temperature equipment, gaskets and other sealing products, industrial filters, fire-resistant materials, friction materials and components for automotive and aerospace applications.
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