Short Interest in Nichias Co. (OTCMKTS:NICFF) Increases By 22.8%

Nichias Co. (OTCMKTS:NICFF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 22,600 shares, a growth of 22.8% from the August 15th total of 18,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Nichias Stock Performance

OTCMKTS NICFF remained flat at $22.86 during trading hours on Tuesday. Nichias has a 1 year low of $22.86 and a 1 year high of $22.86. The company’s 50 day moving average price is $22.86 and its 200 day moving average price is $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.