Asahi Kasei Corp. (OTCMKTS:AHKSY) Sees Significant Increase in Short Interest

Asahi Kasei Corp. (OTCMKTS:AHKSY – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,674 shares, an increase of 79.6% from the August 31st total of 2,046 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 82,511 shares, the short-interest ratio is presently 0.0 days.

Asahi Kasei Price Performance

Shares of Asahi Kasei stock opened at $21.00 on Thursday. The firm has a market cap of $14.64 billion, a PE ratio of 11.41 and a beta of 0.53. The stock has a 50 day moving average of $20.92 and a 200 day moving average of $21.04. The company has a current ratio of 2.01, a quick ratio of 1.12 and a debt-to-equity ratio of 0.42. Asahi Kasei has a 12 month low of $15.18 and a 12 month high of $24.12.

About Asahi Kasei

(Get Free Report)

Asahi Kasei Corporation is a diversified Japanese manufacturer serving the material, homes and health care markets. Founded in 1922 and headquartered in Tokyo, the company develops and supplies products ranging from chemicals and performance materials to medical devices and housing-related goods and services.

Its materials operations include petrochemical products, synthetic resins, elastomers, coatings and electronic materials, as well as battery separators and other components used in automobiles, electronics and industrial applications.

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