Short Interest in Asahi Kasei Co. (OTCMKTS:AHKSY) Grows By 1,333.3%

Asahi Kasei Co. (OTCMKTS:AHKSY) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 21,500 shares, an increase of 1,333.3% from the December 15th total of 1,500 shares. Based on an average daily volume of 89,300 shares, the days-to-cover ratio is currently 0.2 days.

Asahi Kasei Trading Up 1.0 %

Shares of OTCMKTS:AHKSY opened at $13.49 on Wednesday. The company has a current ratio of 1.62, a quick ratio of 0.92 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $9.40 billion, a PE ratio of 19.27 and a beta of 0.65. Asahi Kasei has a 1 year low of $12.14 and a 1 year high of $15.80. The firm has a fifty day moving average price of $14.04 and a 200 day moving average price of $13.96.

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

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.