Arkema S.A. (OTCMKTS:ARKAY) Sees Large Decrease in Short Interest

Arkema S.A. (OTCMKTS:ARKAY) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 3,500 shares, a drop of 30.0% from the February 13th total of 5,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is presently 0.4 days.

Arkema Stock Performance

Shares of ARKAY opened at $90.10 on Tuesday. The company has a 50-day simple moving average of $82.17 and a 200-day simple moving average of $84.03. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $6.85 billion, a PE ratio of 18.02, a P/E/G ratio of 0.53 and a beta of 1.30. Arkema has a 52-week low of $71.26 and a 52-week high of $111.79.

About Arkema

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.