Arkema S.A. (OTCMKTS:ARKAY) Short Interest Down 66.7% in May

Arkema S.A. (OTCMKTS:ARKAY) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 100 shares, a decline of 66.7% from the May 15th total of 300 shares. Based on an average daily trading volume, of 2,900 shares, the days-to-cover ratio is currently 0.0 days.

Arkema Trading Up 0.5 %

Shares of Arkema stock opened at $96.26 on Thursday. The business’s fifty day moving average is $103.26 and its two-hundred day moving average is $104.82. Arkema has a fifty-two week low of $86.78 and a fifty-two week high of $114.15. The company has a quick ratio of 1.76, a current ratio of 2.34 and a debt-to-equity ratio of 0.50. The firm has a market cap of $7.22 billion, a PE ratio of 19.02, a P/E/G ratio of 0.40 and a beta of 1.30.

Arkema (OTCMKTS:ARKAY) last issued its earnings results on Tuesday, May 7th. The basic materials company reported $2.00 EPS for the quarter. Arkema had a return on equity of 8.56% and a net margin of 3.92%. The company had revenue of $2.54 billion during the quarter. Analysts anticipate that Arkema will post 9.27 earnings per share for the current year.

Arkema Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th were given a $3.7363 dividend. The ex-dividend date was Wednesday, May 15th. This is a boost from Arkema’s previous dividend of $3.03. Arkema’s dividend payout ratio (DPR) is 55.73%.

Arkema Company Profile

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.