Short Interest in Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Decreases By 32.7%

Nippon Carbon Co., Ltd. (OTCMKTS:NCRBFGet Free Report) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 7,564 shares, a decline of 32.7% from the July 30th total of 11,238 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Nippon Carbon Price Performance

Nippon Carbon stock opened at $27.63 on Thursday. The firm’s 50 day simple moving average is $27.63 and its 200 day simple moving average is $29.31. Nippon Carbon has a 1-year low of $27.25 and a 1-year high of $31.84.

Nippon Carbon Company Profile

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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.

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