Kureha Co. (OTCMKTS:KURCF) Sees Large Increase in Short Interest

Kureha Co. (OTCMKTS:KURCF) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 152,100 shares, an increase of 22.7% from the December 15th total of 124,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Kureha Price Performance

OTCMKTS:KURCF remained flat at $7.17 during midday trading on Friday. Kureha has a 1-year low of $21.52 and a 1-year high of $21.52. The business’s 50 day moving average price is $7.17 and its 200-day moving average price is $7.27.

About Kureha

Kureha Corporation manufactures and sells functional materials, specialty chemicals, and plastics in Japan and internationally. It operates through five segments: Advanced Materials, Specialty Chemicals, Specialty Plastics, Construction, and Other Operations. The Advanced Materials segment offers polyphenylene sulfide, polyvinylidene fluoride (PVDF), processed polyglycolic acid products, carbon fiber, and bead-shaped activated carbon products.