Nippon Carbon Co., Ltd. (OTCMKTS:NCRBF) Sees Significant Growth in Short Interest

Nippon Carbon Co., Ltd. (OTCMKTS:NCRBFGet Free Report) was the recipient of a significant growth in short interest in the month of 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 daily trading volume, of 44 shares, the short-interest ratio is currently 164.4 days.

Nippon Carbon Price Performance

Shares of OTCMKTS NCRBF opened at $27.25 on Monday. Nippon Carbon has a 1-year low of $27.25 and a 1-year high of $31.84. The business’s fifty day moving average price is $29.94 and its two-hundred day moving average price is $29.65.

About Nippon Carbon

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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.

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