Nippon Steel Co. (OTCMKTS:NPSCY) Short Interest Down 63.7% in February

Nippon Steel Co. (OTCMKTS:NPSCY) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 55,600 shares, a drop of 63.7% from the February 13th total of 153,300 shares. Based on an average daily volume of 134,800 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

Nippon Steel Stock Down 0.1 %

NPSCY stock traded down $0.01 during mid-day trading on Thursday, reaching $7.66. The company had a trading volume of 67,519 shares, compared to its average volume of 151,303. The firm has a fifty day simple moving average of $7.14 and a 200 day simple moving average of $7.02. The company has a market capitalization of $24.70 billion, a price-to-earnings ratio of 7.82 and a beta of 0.80. Nippon Steel has a fifty-two week low of $6.11 and a fifty-two week high of $8.53. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.93.

Nippon Steel (OTCMKTS:NPSCY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.25 earnings per share for the quarter. Nippon Steel had a net margin of 5.34% and a return on equity of 8.17%.

About Nippon Steel

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.