Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Update

Asahi Kasei Co. (OTCMKTS:AHKSY) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 700 shares, a decline of 98.2% from the November 15th total of 39,800 shares. Based on an average trading volume of 70,200 shares, the days-to-cover ratio is presently 0.0 days.

Asahi Kasei Price Performance

AHKSY traded down $0.10 on Wednesday, reaching $14.05. The company’s stock had a trading volume of 20,962 shares, compared to its average volume of 43,995. The company has a current ratio of 1.62, a quick ratio of 0.92 and a debt-to-equity ratio of 0.41. Asahi Kasei has a 1 year low of $12.14 and a 1 year high of $15.80. The business’s 50 day moving average is $14.27 and its 200 day moving average is $13.81.

Asahi Kasei (OTCMKTS:AHKSY) last issued its earnings results on Friday, November 1st. The company reported $0.27 earnings per share (EPS) for the quarter. Asahi Kasei had a net margin of 2.47% and a return on equity of 7.70%. The business had revenue of $5.07 billion for the quarter.

About Asahi Kasei

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.