Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 38.3% in October

Nocera, Inc. (NASDAQ:NCRA) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 6,600 shares, a drop of 38.3% from the September 30th total of 10,700 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 5,400 shares, the short-interest ratio is currently 1.2 days.

Nocera Price Performance

NCRA stock opened at $1.46 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.65 and a quick ratio of 0.61. The firm has a market capitalization of $19.77 million, a PE ratio of -3.84 and a beta of 1.32. The business has a 50 day simple moving average of $1.04 and a 200-day simple moving average of $1.07. Nocera has a 1 year low of $0.73 and a 1 year high of $1.55.

Nocera (NASDAQ:NCRA) last released its earnings results on Wednesday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. Nocera had a negative net margin of 14.51% and a negative return on equity of 82.50%. The company had revenue of $6.75 million during the quarter.

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.