Posted by admin on Jul 18th, 2022
Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF – Get Rating) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 17,000 shares, a growth of 100.0% from the June 15th total of 8,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 170.0 days.
NCRBF opened at $30.24 on Monday. Nippon Carbon has a one year low of $30.24 and a one year high of $30.24. The company’s 50 day simple moving average is $33.64 and its 200-day simple moving average is $34.27.
Nippon Carbon Co, Ltd. engages in the manufacture and sale of carbon products in Japan. It offers carbon fiber products, including molded heat insulating materials for high temperature furnaces; CARBORON, a soft felt used in a range of heat insulators for high temperature furnaces; C/C Composite, a lightweight carbon material used in heat resistant composite structural members, high temperature furnace materials, trays, jigs, etc.; and CARBEST, a carbon fiber packing material.
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