Zeon Co. (OTCMKTS:ZEOOF) Sees Significant Growth in Short Interest

Zeon Co. (OTCMKTS:ZEOOF) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 179,100 shares, a growth of 100.8% from the December 15th total of 89,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,791.0 days.

Zeon Stock Performance

Shares of ZEOOF stock opened at $9.35 on Wednesday. The company’s fifty day moving average price is $9.13 and its two-hundred day moving average price is $9.27. Zeon has a 12 month low of $9.00 and a 12 month high of $9.68.

Zeon Company Profile

Zeon Corporation engages in the elastomers, specialty materials, and other businesses. The company offers synthetic rubbers, latices, aroma, and specialty chemicals. It offers electronic materials comprising of photoresists, electron beam resist, etching agent, and coating insulation materials, as well as lithium-ion rechargeable battery materials.