UBE Co. (OTCMKTS:UBEOF) Short Interest Up 75.8% in November

UBE Co. (OTCMKTS:UBEOF) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 84,900 shares, an increase of 75.8% from the October 31st total of 48,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

UBE Price Performance

Shares of UBE stock remained flat at $17.46 during trading hours on Friday. UBE has a 12-month low of $17.45 and a 12-month high of $19.24. The firm’s fifty day moving average is $17.46 and its 200-day moving average is $17.66.

About UBE

UBE Corporation, together with its subsidiaries, engages in the chemicals, construction materials, and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally. It offers synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, separation membranes, fine chemicals, ceramics, high purity chemicals, semiconductor gas products, and products for polyurethane resins.