Nocera, Inc. (NASDAQ:NCRA) Sees Large Drop in Short Interest

Nocera, Inc. (NASDAQ:NCRA) was the target of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 109,800 shares, a decline of 30.3% from the January 15th total of 157,500 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average daily volume of 193,000 shares, the days-to-cover ratio is presently 0.6 days.

Nocera Stock Up 0.3 %

Shares of NCRA traded up $0.00 on Friday, hitting $0.87. The company’s stock had a trading volume of 5,634 shares, compared to its average volume of 32,404. The company has a quick ratio of 0.46, a current ratio of 0.51 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average price is $0.92 and its 200-day moving average price is $0.99. Nocera has a fifty-two week low of $0.70 and a fifty-two week high of $2.09. The firm has a market capitalization of $12.24 million, a price-to-earnings ratio of -2.36 and a beta of 1.30.

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.