Short Interest in Asahi Kasei Co. (OTCMKTS:AHKSY) Expands By 114.3%

Asahi Kasei Co. (OTCMKTS:AHKSY) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,500 shares, a growth of 114.3% from the November 30th total of 700 shares. Based on an average daily trading volume, of 45,800 shares, the short-interest ratio is presently 0.0 days.

Asahi Kasei Stock Performance

Shares of OTCMKTS:AHKSY opened at $13.76 on Friday. Asahi Kasei has a one year low of $12.14 and a one year high of $15.80. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.92 and a current ratio of 1.62. The company has a market cap of $9.59 billion, a P/E ratio of 19.65 and a beta of 0.65. The business’s 50-day simple moving average is $14.12 and its 200 day simple moving average is $13.87.

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

Asahi Kasei Company Profile

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.