Kuraray Co., Ltd. (OTCMKTS:KURRY) Sees Significant Decrease in Short Interest

Kuraray Co., Ltd. (OTCMKTS:KURRY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 600 shares, a decline of 60.0% from the December 15th total of 1,500 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is currently 0.4 days.

Kuraray Trading Up 5.5 %

OTCMKTS:KURRY traded up $2.35 on Tuesday, reaching $45.10. The company’s stock had a trading volume of 553 shares, compared to its average volume of 338. Kuraray has a 1-year low of $28.77 and a 1-year high of $47.28. The business’s 50-day moving average price is $41.88 and its two-hundred day moving average price is $40.12. The firm has a market cap of $4.88 billion, a PE ratio of 14.23 and a beta of 0.14. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.43 and a current ratio of 2.65.

Kuraray Company Profile

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.