Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) Short Interest Update

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 7,938,200 shares, an increase of 18.7% from the November 15th total of 6,688,500 shares. Based on an average trading volume of 9,200 shares, the days-to-cover ratio is currently 862.8 days.

Nippon Paint Stock Performance

Shares of OTCMKTS:NPCPF remained flat at $3.53 during trading on Friday. Nippon Paint has a 12 month low of $5.91 and a 12 month high of $6.27. The company has a current ratio of 1.83, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44. The firm’s 50-day simple moving average is $3.71 and its two-hundred day simple moving average is $3.62.

Nippon Paint Company Profile

Nippon Paint Holdings Co, Ltd. engages in the paints and fine chemicals businesses. The company offers automotive coatings, including paints for the automotive body, including surface treatment, electrodeposition coating, intermediate coating, and finish coating; paints for plastic components, such as bumpers and interior components; trade-use paints for construction sites, including single-family detached homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior construction materials, office equipment, and electric home appliances.