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

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

Nippon Steel Stock Up 1.6 %

Shares of Nippon Steel stock traded up $0.12 on Friday, hitting $7.79. The company had a trading volume of 21,840 shares, compared to its average volume of 146,080. The firm has a market capitalization of $25.12 billion, a P/E ratio of 7.95 and a beta of 0.80. Nippon Steel has a twelve month low of $6.11 and a twelve month high of $8.53. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.93 and a quick ratio of 1.03. The stock has a 50-day moving average of $7.17 and a 200-day moving average of $7.02.

Nippon Steel (OTCMKTS:NPSCY) last released its quarterly earnings results 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%.

Nippon Steel Company Profile

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.