Kuraray Co., Ltd. (OTCMKTS:KURRY) Sees Large Growth in Short Interest

Kuraray Co., Ltd. (OTCMKTS:KURRY) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 500 shares, a growth of 66.7% from the September 15th total of 300 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1.7 days.

Kuraray Stock Performance

Shares of OTCMKTS KURRY traded down $0.70 during mid-day trading on Monday, hitting $43.11. The company had a trading volume of 300 shares, compared to its average volume of 1,045. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.84 and a quick ratio of 1.60. Kuraray has a 12 month low of $28.76 and a 12 month high of $45.62. The firm’s 50 day simple moving average is $39.93 and its two-hundred day simple moving average is $36.63. The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 12.46 and a beta of 0.23.

Kuraray (OTCMKTS:KURRY) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.64 earnings per share for the quarter. The firm had revenue of $1.41 billion for the quarter. Kuraray had a net margin of 6.33% and a return on equity of 6.89%.

About Kuraray

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.