Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Update

Asahi Kasei Co. (OTCMKTS:AHKSY) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 700 shares, a drop of 98.2% from the November 15th total of 39,800 shares. Based on an average daily volume of 70,200 shares, the days-to-cover ratio is presently 0.0 days.

Asahi Kasei Stock Performance

Shares of OTCMKTS AHKSY traded down $0.10 during midday trading on Wednesday, hitting $14.05. 20,962 shares of the company’s stock were exchanged, compared to its average volume of 43,995. Asahi Kasei has a twelve month low of $12.14 and a twelve month high of $15.80. The stock’s 50 day moving average price is $14.27 and its 200-day moving average price is $13.81. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.92 and a current ratio of 1.62.

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

About Asahi Kasei

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.