Arkema S.A. (OTCMKTS:ARKAY) Short Interest Up 600.0% in September

Arkema S.A. (OTCMKTS:ARKAY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 4,900 shares, a growth of 600.0% from the August 31st total of 700 shares. Based on an average trading volume of 12,500 shares, the days-to-cover ratio is currently 0.4 days.

Arkema Stock Performance

ARKAY stock traded up $4.32 during trading on Friday, reaching $95.04. 5,766 shares of the company’s stock were exchanged, compared to its average volume of 4,093. The company has a quick ratio of 1.38, a current ratio of 1.86 and a debt-to-equity ratio of 0.38. The firm has a market cap of $7.13 billion, a PE ratio of 18.78, a P/E/G ratio of 0.39 and a beta of 1.27. The company’s fifty day moving average price is $89.45 and its 200-day moving average price is $96.13. Arkema has a 1-year low of $84.55 and a 1-year high of $114.15.

Arkema (OTCMKTS:ARKAY) last released its earnings results on Thursday, August 1st. The basic materials company reported $2.98 EPS for the quarter. Arkema had a net margin of 3.80% and a return on equity of 8.18%. The firm had revenue of $2.73 billion during the quarter. On average, research analysts expect that Arkema will post 9.08 EPS for the current fiscal year.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.