Nitto Denko Corp. (OTCMKTS:NDEKY) Short Interest Update

Nitto Denko Corp. (OTCMKTS:NDEKY) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,644 shares, a drop of 75.1% from the April 30th total of 14,630 shares. Based on an average trading volume of 416,040 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Nitto Denko Price Performance

Shares of NDEKY stock traded down $1.01 during trading on Friday, reaching $18.73. The company’s stock had a trading volume of 61,432 shares, compared to its average volume of 211,572. The company has a market capitalization of $12.71 billion, a price-to-earnings ratio of 14.30 and a beta of 0.87. The stock’s 50-day moving average price is $19.74 and its 200 day moving average price is $22.07. Nitto Denko has a 1-year low of $16.43 and a 1-year high of $26.48.

Nitto Denko (OTCMKTS:NDEKY) last announced its quarterly earnings data on Monday, April 27th. The technology company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.54 billion. Nitto Denko had a net margin of 13.00% and a return on equity of 12.47%. Nitto Denko has set its FY 2026 guidance at 1.330-1.330 EPS.

Nitto Denko Company Profile

Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.