Short Interest in Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Declines By 22.2%

Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,100 shares, a drop of 22.2% from the March 31st total of 2,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nippon Carbon Price Performance

Shares of NCRBF stock remained flat at $30.00 during trading hours on Friday. Nippon Carbon has a 12-month low of $29.85 and a 12-month high of $30.00. The business has a 50-day moving average of $30.00 and a 200-day moving average of $30.00.

About Nippon Carbon

Nippon Carbon Co, Ltd. engages in the manufacture and sale of carbon products in Japan, China, and internationally. The company operates through Carbon Products Related, Silicon Carbide Products Related, and Others segments. 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.