Kuraray Co., Ltd. (OTCMKTS:KURRY) Sees Large Increase in Short Interest

Kuraray Co., Ltd. (OTCMKTS:KURRY) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, an increase of 50.0% from the January 31st total of 200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 0.6 days.

Kuraray Price Performance

Shares of Kuraray stock remained flat at $35.80 during midday trading on Monday. 173 shares of the stock traded hands, compared to its average volume of 517. Kuraray has a twelve month low of $28.77 and a twelve month high of $47.28. The company’s fifty day moving average price is $42.60 and its 200 day moving average price is $41.68. The company has a market cap of $3.88 billion, a PE ratio of 18.55 and a beta of 0.14. The company has a current ratio of 2.65, a quick ratio of 1.43 and a debt-to-equity ratio of 0.26.

Kuraray (OTCMKTS:KURRY) last issued its earnings results on Wednesday, February 12th. The company reported $0.48 EPS for the quarter. Kuraray had a return on equity of 7.73% and a net margin of 3.90%.

About Kuraray

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.