Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Up 344.4% in October

Asahi Kasei Co. (OTCMKTS:AHKSY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 20,000 shares, a growth of 344.4% from the September 30th total of 4,500 shares. Based on an average daily trading volume, of 58,700 shares, the short-interest ratio is currently 0.3 days.

Asahi Kasei Trading Up 0.7 %

Shares of AHKSY stock traded up $0.09 on Friday, hitting $13.56. The company had a trading volume of 30,884 shares, compared to its average volume of 45,981. The stock’s 50-day moving average is $14.36 and its two-hundred day moving average is $13.74. The firm has a market cap of $9.45 billion, a P/E ratio of 30.13 and a beta of 0.65. Asahi Kasei has a twelve month low of $11.86 and a twelve month high of $15.80. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.06 and a current ratio of 1.80.

Asahi Kasei (OTCMKTS:AHKSY) last issued its earnings results on Wednesday, July 31st. The company reported $0.36 EPS for the quarter. The company had revenue of $4.72 billion for the quarter. Asahi Kasei had a net margin of 2.36% and a return on equity of 7.00%.

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.