Short Interest in Shin-Etsu Chemical Co. (OTCMKTS:SHECY) Rises By 107.1%

Shin-Etsu Chemical Co. (OTCMKTS:SHECY) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 127,105 shares, an increase of 107.1% from the July 15th total of 61,379 shares. Based on an average daily volume of 1,793,637 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Shin-Etsu Chemical Trading Down 0.9%

Shares of SHECY opened at $19.89 on Friday. Shin-Etsu Chemical has a twelve month low of $13.64 and a twelve month high of $24.74. The stock has a market cap of $78.96 billion, a PE ratio of 23.96 and a beta of 1.34. The company has a quick ratio of 4.60, a current ratio of 6.09 and a debt-to-equity ratio of 0.05. The business’s 50-day moving average price is $21.19 and its 200-day moving average price is $20.67.

Shin-Etsu Chemical (OTCMKTS:SHECY) last released its quarterly earnings results on Friday, July 24th. The basic materials company reported $0.22 EPS for the quarter. The firm had revenue of $4.16 billion during the quarter. Shin-Etsu Chemical had a net margin of 18.39% and a return on equity of 10.49%. Shin-Etsu Chemical has set its FY 2027 guidance at 0.450-0.450 EPS. On average, equities analysts forecast that Shin-Etsu Chemical will post 0.88 EPS for the current fiscal year.

Shin-Etsu Chemical Company Profile

Shin-Etsu Chemical is a large Japanese chemical company that manufactures a broad range of basic and specialty chemical products for industrial and technology customers. The company is known for production of polyvinyl chloride (PVC) and related vinyl products, silicones and silicone-based compounds, and high-purity silicon materials used in semiconductor and photovoltaic industries. Its product mix spans commodity chemicals for construction and plumbing as well as higher-margin specialty materials for electronics and precision manufacturing.

Key product lines include PVC resins and compounds for infrastructure and building applications; silicones and silicone elastomers used across automotive, healthcare and consumer markets; and semiconductor-grade silicon and silicon wafers that supply chipmakers and solar-cell manufacturers.