Unicharm (OTCMKTS:UNICY) Short Interest Up 241.5% in April

Unicharm (OTCMKTS:UNICY) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 234,006 shares, a growth of 241.5% from the April 15th total of 68,513 shares. Based on an average daily volume of 604,998 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Unicharm Stock Up 0.7%

UNICY stock opened at $2.98 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.43 and a quick ratio of 1.96. The stock has a market capitalization of $10.37 billion, a P/E ratio of 24.84 and a beta of 0.31. Unicharm has a fifty-two week low of $2.61 and a fifty-two week high of $4.19. The business has a 50-day moving average of $2.98 and a 200-day moving average of $3.01.

Unicharm (OTCMKTS:UNICY) last announced its earnings results on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.49 billion for the quarter. Unicharm had a return on equity of 6.78% and a net margin of 6.33%. On average, sell-side analysts anticipate that Unicharm will post 0.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on UNICY shares. Zacks Research downgraded shares of Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Jefferies Financial Group raised shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy”.

About Unicharm

Unicharm Corporation is a Tokyo?based consumer goods company founded in 1961. Specializing in hygiene and care products, the firm has built its reputation on developing innovative, high-performance solutions for everyday needs. Over more than six decades, Unicharm has grown from a domestic manufacturer to a leading global player in the personal care industry.

The company’s core business activities encompass the design, production and marketing of disposable hygiene products. Key product lines include baby care items such as diapers and training pants; feminine hygiene products including sanitary napkins and panty liners; adult incontinence solutions; and pet care offerings like pet diapers and wet wipes.