Kurita Water Industries Ltd. (OTCMKTS:KTWIY) Sees Significant Drop in Short Interest

Kurita Water Industries Ltd. (OTCMKTS:KTWIY) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 100 shares, a drop of 91.7% from the February 13th total of 1,200 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 0.1 days.

Kurita Water Industries Price Performance

Shares of KTWIY stock traded up C$3.01 during mid-day trading on Thursday, hitting C$66.20. The company had a trading volume of 487 shares, compared to its average volume of 2,202. The stock’s 50 day moving average price is C$67.99 and its 200-day moving average price is C$74.47. Kurita Water Industries has a 52-week low of C$61.21 and a 52-week high of C$90.38.

About Kurita Water Industries

Kurita Water Industries Ltd. engages in the provision of various water treatment solutions in North America, South America, Europe, and internationally. The company manufactures and sells boiler water treatment chemicals, cooling water treatment chemicals, wastewater treatment chemicals, process treatment chemicals, reverse osmosis membrane water treatment chemicals, automobile paint booth chemicals, biomass generation related chemicals, civil engineering and construction related chemicals, marine vessel related water treatment chemicals, and chemical dosing systems/chemical dosing control systems, as well as provides packaged contract services.