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 November. As of November 15th, there was short interest totalling 3,000 shares, a decline of 31.8% from the October 31st total of 4,400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,100 shares, the days-to-cover ratio is presently 0.3 days.

Nocera Price Performance

Shares of NASDAQ NCRA traded down $0.03 during midday trading on Friday, hitting $1.00. 7,594 shares of the company’s stock were exchanged, compared to its average volume of 9,184. The company has a market cap of $14.02 million, a price-to-earnings ratio of -2.70 and a beta of 1.33. The business’s fifty day moving average price is $1.10 and its two-hundred day moving average price is $1.06. The company has a current ratio of 0.51, a quick ratio of 0.46 and a debt-to-equity ratio of 0.01. Nocera has a 12-month low of $0.73 and a 12-month high of $1.54.

About Nocera

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.