Nocera, Inc. (NASDAQ:NCRA) Short Interest Up 139.6% in May

Nocera, Inc. (NASDAQ:NCRA) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 522,197 shares, a growth of 139.6% from the April 30th total of 217,901 shares. Based on an average daily trading volume, of 2,942,900 shares, the short-interest ratio is currently 0.2 days. Currently, 3.6% of the shares of the company are sold short.

Nocera Stock Performance

Shares of NASDAQ NCRA traded down $0.02 during midday trading on Monday, hitting $0.20. The company’s stock had a trading volume of 1,723,080 shares, compared to its average volume of 3,558,226. Nocera has a 1-year low of $0.17 and a 1-year high of $2.40. The firm’s fifty day moving average price is $0.22 and its 200-day moving average price is $0.55. The company has a debt-to-equity ratio of 0.01, a quick ratio of 8.00 and a current ratio of 8.00. The firm has a market cap of $3.10 million, a P/E ratio of -0.92 and a beta of 1.72.

Nocera (NASDAQ:NCRA) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) EPS for the quarter. Nocera had a negative net margin of 44.02% and a negative return on equity of 207.32%. The business had revenue of $2.28 million during the quarter.

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.