Kureha Co. (OTCMKTS:KURCF) Sees Significant Decline in Short Interest

Kureha Co. (OTCMKTS:KURCF) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 84,000 shares, a drop of 35.1% from the May 15th total of 129,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Kureha Stock Performance

Shares of OTCMKTS:KURCF remained flat at $7.17 during trading on Friday. The firm has a fifty day simple moving average of $7.46 and a 200 day simple moving average of $9.46. Kureha has a fifty-two week low of $21.52 and a fifty-two week high of $21.52.

About Kureha

Kureha Corporation manufactures and sells functional materials, specialty chemicals, and plastics in Japan and internationally. It operates through five segments: Advanced Materials, Specialty Chemicals, Specialty Plastics, Construction, and Other Operations. The Advanced Materials segment offers polyphenylene sulfide, polyvinylidene fluoride (PVDF), processed polyglycolic acid products, carbon fiber, and bead-shaped activated carbon products.