Zeon Co. (OTCMKTS:ZEOOF) Sees Large Growth in Short Interest

Zeon Co. (OTCMKTS:ZEOOF) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 15,700 shares, a growth of 101.3% from the September 30th total of 7,800 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 78.5 days.

Zeon Price Performance

Shares of ZEOOF stock opened at $9.10 on Friday. Zeon has a 52-week low of $9.00 and a 52-week high of $9.68. The business has a 50-day simple moving average of $9.27 and a 200-day simple moving average of $9.33.

Zeon Company Profile

Zeon Corporation engages in the elastomers, specialty materials, and other businesses. The company offers synthetic rubbers, latices, aroma, and specialty chemicals. It offers electronic materials comprising of photoresists, electron beam resist, etching agent, and coating insulation materials, as well as lithium-ion rechargeable battery materials.