Sekisui Chemical Co., Ltd. (OTCMKTS:SKSUY) Stock Short Interest Declines 57.1%

Sekisui Chemical Co., Ltd. (OTCMKTS:SKSUY) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 42 shares, a drop of 57.1% from the September 15th total of 98 shares. Based on an average trading volume of 229 shares, the days-to-cover ratio is currently 0.2 days.

Sekisui Chemical Stock Performance

Shares of SKSUY stock remained flat at $77.93 during midday trading on Tuesday. The company’s stock had a trading volume of 26 shares, compared to its average volume of 541. The stock has a 50-day simple moving average of $80.95 and a 200 day simple moving average of $80.31. Sekisui Chemical has a one year low of $71.44 and a one year high of $96.78.

About Sekisui Chemical

Sekisui Chemical Co, Ltd. is a Japanese diversified manufacturer and housing company. Founded in 1947, the company develops products and services spanning residential construction, infrastructure, environmental solutions, and advanced materials.

Through its residential business, Sekisui Chemical supplies prefabricated homes, housing-related equipment, remodeling services, and energy solutions such as solar power generation and storage systems. Its Urban Infrastructure and Environmental business provides products used in public works, water and sewage systems, piping, transportation infrastructure, and construction projects.

The company’s High Performance Plastics business develops specialized materials and components for industries including automotive, electronics, medical care, and construction.