Short Interest in Nichias Co. (OTCMKTS:NICFF) Declines By 27.2%

Nichias Co. (OTCMKTS:NICFF) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 15,500 shares, a decline of 27.2% from the October 15th total of 21,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Nichias Price Performance

Shares of Nichias stock remained flat at $22.86 during trading hours on Thursday. The stock has a fifty day moving average of $22.86 and a two-hundred day moving average of $22.86. Nichias has a fifty-two week low of $22.86 and a fifty-two week 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.