Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Down 28.9% in February

Asahi Kasei Co. (OTCMKTS:AHKSY) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 39,700 shares, a decline of 28.9% from the January 31st total of 55,800 shares. Based on an average daily volume of 127,400 shares, the short-interest ratio is currently 0.3 days.

Asahi Kasei Stock Performance

Shares of AHKSY stock opened at $13.60 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 1.69. Asahi Kasei has a fifty-two week low of $12.14 and a fifty-two week high of $15.80. The company has a market capitalization of $9.48 billion, a P/E ratio of 17.22 and a beta of 0.64. The stock has a 50 day moving average price of $13.46 and a two-hundred day moving average price of $14.00.

Asahi Kasei (OTCMKTS:AHKSY) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.29 EPS for the quarter. Asahi Kasei had a net margin of 2.77% and a return on equity of 7.85%.

Asahi Kasei Company Profile

Asahi Kasei Corporation manufactures and sells chemicals. It offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, polyethylenes, polyethylenes powder, PMMA resin, polystyrene, polybutadiene rubbers, styrene/butadiene rubbers, clear styrenic copolymer, styrenic thermoplastic elastomer, hydrogenated styrenic elastomers, membranes and systems, functional materials, foams, purging compound, polyisocyanates, polycarbonatediol, aluminum paste, latex, photopolymers and platemaking systems, films, cyclohexanol, cyclohexane, and cyclohexene.