Kurita Water Industries Ltd. (OTCMKTS:KTWIY) Sees Large Increase in Short Interest

Kurita Water Industries Ltd. (OTCMKTS:KTWIY) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 130 shares, an increase of 364.3% from the June 30th total of 28 shares. Based on an average daily volume of 748 shares, the days-to-cover ratio is presently 0.2 days.

Kurita Water Industries Stock Up 0.6%

Shares of KTWIY opened at C$110.50 on Tuesday. Kurita Water Industries has a fifty-two week low of C$64.91 and a fifty-two week high of C$122.41. The firm’s 50 day moving average price is C$110.24 and its 200 day moving average price is C$103.21.

Kurita Water Industries Company Profile

Kurita Water Industries Ltd. is a Japan-based provider of water treatment solutions and technical services for industrial and municipal customers. Established in 1949 and headquartered in Tokyo, the company specializes in chemical products and engineered systems designed to optimize water quality, conserve resources and comply with environmental regulations. Its core offerings include water treatment chemicals for boiler water, cooling water, wastewater and ultrapure water applications, as well as membrane separation modules and specialty process chemicals for diverse manufacturing processes.

In addition to its chemical portfolio, Kurita Water Industries designs, constructs and maintains a wide range of water treatment facilities and equipment.