Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 93.5% in July

Nocera, Inc. (NASDAQ:NCRA) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 35,160 shares, a decrease of 93.5% from the June 30th total of 539,623 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average trading volume of 2,012,216 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Several research firms have commented on NCRA. Weiss Ratings raised shares of Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday. Wall Street Zen downgraded shares of Nocera to a “strong sell” rating in a research note on Sunday, July 12th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Nocera Trading Down 8.6%

Shares of NCRA stock traded down $0.13 during trading hours on Friday, hitting $1.38. 79,681 shares of the company’s stock were exchanged, compared to its average volume of 1,100,168. Nocera has a fifty-two week low of $1.30 and a fifty-two week high of $72.00. The firm has a 50 day moving average of $3.70 and a two-hundred day moving average of $9.00.

Nocera Company Profile

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.