Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Short Interest Update
by Doug Wharley · The Cerbat GemNippon Carbon Co., Ltd. (OTCMKTS:NCRBF – Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,866 shares, a decline of 56.7% from the April 30th total of 8,930 shares. Based on an average daily volume of 1 shares, the short-interest ratio is presently 3,866.0 days.
Nippon Carbon Stock Up 5.5%
OTCMKTS:NCRBF traded up $1.56 during trading hours on Friday, hitting $29.93. 200 shares of the company were exchanged, compared to its average volume of 575. Nippon Carbon has a 52-week low of $28.36 and a 52-week high of $31.84. The company’s 50 day moving average price is $30.32 and its 200-day moving average price is $29.55.
About Nippon Carbon
Nippon Carbon Co, Ltd. is a Japan-based industrial materials company specializing in carbon and graphite products. The company’s core operations encompass the development, manufacturing, and sale of specialty carbon materials used across a broad range of industries, including steel, automotive, electronics, and energy storage.
The firm’s product lineup features graphite electrodes for electric arc furnace steelmaking, carbon black and thermal management materials for electronic devices and automotive components, and advanced carbon fibers and composite materials for aerospace and industrial applications.