Arkema S.A. (OTCMKTS:ARKAY) Short Interest Update

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 200 shares, a decrease of 99.3% from the January 15th total of 29,100 shares. Based on an average daily volume of 32,000 shares, the days-to-cover ratio is presently 0.0 days.

Arkema Price Performance

Shares of Arkema stock traded up $0.42 during mid-day trading on Wednesday, reaching $82.78. 2,740 shares of the stock were exchanged, compared to its average volume of 17,841. The company has a market cap of $6.30 billion, a price-to-earnings ratio of 16.56, a price-to-earnings-growth ratio of 0.52 and a beta of 1.22. The firm has a 50-day simple moving average of $77.45 and a 200 day simple moving average of $84.44. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. Arkema has a fifty-two week low of $71.26 and a fifty-two week high of $111.79.

Analyst Ratings Changes

Separately, Berenberg Bank raised Arkema from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 31st.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.