Short Interest in Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Expands By 87.1%

Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 7,235 shares, a growth of 87.1% from the May 14th total of 3,866 shares. Based on an average trading volume of 44 shares, the short-interest ratio is currently 164.4 days.

Nippon Carbon Stock Performance

Shares of OTCMKTS NCRBF remained flat at $27.63 during midday trading on Tuesday. The stock had a trading volume of 100 shares, compared to its average volume of 433. The stock has a 50 day moving average of $29.86 and a 200 day moving average of $29.64. Nippon Carbon has a 52-week low of $27.25 and a 52-week high of $31.84.

About Nippon Carbon

Nippon Carbon Co, Ltd. is a Japan-based industrial materials company specializing in carbon and graphite products. The company’s core operations encompass the development, manufacturing, and sale of specialty carbon materials used across a broad range of industries, including steel, automotive, electronics, and energy storage.

The firm’s product lineup features graphite electrodes for electric arc furnace steelmaking, carbon black and thermal management materials for electronic devices and automotive components, and advanced carbon fibers and composite materials for aerospace and industrial applications.