Kuraray Co. (OTCMKTS:KURRY) Sees Significant Increase in Short Interest

Kuraray Co. (OTCMKTS:KURRY) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 34 shares. Based on an average daily trading volume, of 114 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Kuraray Price Performance

Kuraray stock remained flat at $32.94 during trading on Tuesday. 1 shares of the company were exchanged, compared to its average volume of 39. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.45 and a current ratio of 2.63. Kuraray has a one year low of $27.64 and a one year high of $38.00. The stock has a market capitalization of $3.32 billion, a PE ratio of 62.16 and a beta of 0.02. The firm has a 50-day moving average of $34.10 and a 200 day moving average of $32.48.

About Kuraray

Kuraray Co, Ltd. is a Japan-based specialty chemicals company that develops and manufactures performance materials for industrial and consumer applications. Its businesses focus on creating materials that provide properties such as strength, barrier protection, durability, and chemical resistance.

The company’s products include polyvinyl alcohol (PVA) resins and films, ethylene vinyl alcohol copolymers marketed under the EVAL brand, and PVB resins and films used in laminated glass. Kuraray also produces synthetic fibers, man-made leather, activated carbon, dental materials, and other specialty chemicals and materials.

Founded in 1926, Kuraray has expanded from its origins in rayon production into a diversified specialty materials business.