Short Interest in Nocera, Inc. (NASDAQ:NCRA) Declines By 13.9%

Nocera, Inc. (NASDAQ:NCRA) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 67,300 shares, a drop of 13.9% from the February 13th total of 78,200 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 202,100 shares, the days-to-cover ratio is presently 0.3 days.

Nocera Price Performance

Shares of NCRA traded up $0.01 during midday trading on Wednesday, hitting $0.98. 140 shares of the company traded hands, compared to its average volume of 60,121. Nocera has a one year low of $0.70 and a one year high of $2.09. The firm has a market cap of $13.72 million, a P/E ratio of -2.65 and a beta of 1.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.51 and a quick ratio of 0.46. The stock has a 50-day moving average of $0.94 and a 200-day moving average of $0.99.

Nocera Company Profile

Nocera, Inc, together with its subsidiaries, designs, develops, and produces recirculating aquaculture systems for fish farms in Taiwan. The company also offers consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services. In addition, the company sells signature seafood porridge bowl through its flagship bento box store.