Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) Short Interest Up 18.7% in November

Nippon Paint Holdings Co., Ltd. (OTCMKTS:NPCPF) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 7,938,200 shares, a growth 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 on Friday. The business has a 50-day moving average price of $3.71 and a 200 day moving average price of $3.62. The company has a quick ratio of 1.47, a current ratio of 1.83 and a debt-to-equity ratio of 0.44. Nippon Paint has a 52-week low of $5.91 and a 52-week high of $6.27.

About Nippon Paint

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.