Nocera, Inc. (NASDAQ:NCRA) Sees Significant Drop in Short Interest

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 66,884 shares, a decrease of 42.4% from the January 15th total of 116,200 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 109,405 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 109,405 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the stock are short sold.

Nocera Price Performance

Shares of NASDAQ:NCRA traded down $0.01 during midday trading on Friday, hitting $0.45. The stock had a trading volume of 3,544 shares, compared to its average volume of 79,158. The company’s 50-day moving average price is $0.79 and its 200-day moving average price is $1.24. Nocera has a fifty-two week low of $0.44 and a fifty-two week high of $2.40. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $6.44 million, a P/E ratio of -1.87 and a beta of 1.41.

About Nocera

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. The company was founded in 2014 and is headquartered in New Taipei City, Taiwan.