UBE Co. (OTCMKTS:UBEOF) Sees Significant Decline in Short Interest

UBE Co. (OTCMKTS:UBEOF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 121,200 shares, a decrease of 33.6% from the February 28th total of 182,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

UBE Price Performance

Shares of OTCMKTS UBEOF opened at $15.55 on Friday. The stock’s 50-day moving average is $16.39 and its 200 day moving average is $17.09. UBE has a 1-year low of $15.55 and a 1-year high of $19.24.

UBE Company Profile

UBE Corporation, together with its subsidiaries, engages in the chemicals, construction materials, and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally. It offers synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, separation membranes, fine chemicals, ceramics, high purity chemicals, semiconductor gas products, and products for polyurethane resins.