Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Up 1,333.3% in January

Asahi Kasei Co. (OTCMKTS:AHKSYGet Free Report) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 21,500 shares, an increase of 1,333.3% from the December 31st total of 1,500 shares. Based on an average daily volume of 89,300 shares, the days-to-cover ratio is presently 0.2 days.

Asahi Kasei Stock Performance

OTCMKTS AHKSY opened at $13.46 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.62 and a quick ratio of 0.92. Asahi Kasei has a 1-year low of $12.14 and a 1-year high of $15.80. The business has a 50 day simple moving average of $13.79 and a two-hundred day simple moving average of $13.99. The stock has a market capitalization of $9.38 billion, a PE ratio of 19.23 and a beta of 0.65.

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

About Asahi Kasei

(Get Free Report)

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.

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