Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) Short Interest Update

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 603 shares, an increase of ? from the August 15th total of 0 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 555 shares, the days-to-cover ratio is currently 1.1 days.

Resonac Price Performance

OTCMKTS SHWDY opened at $98.95 on Thursday. The stock has a market cap of $18.91 billion, a PE ratio of 53.89 and a beta of 0.70. Resonac has a fifty-two week low of $32.48 and a fifty-two week high of $126.17. The business has a 50 day moving average price of $97.36 and a two-hundred day moving average price of $93.73. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.83.

Resonac (OTCMKTS:SHWDY) last posted its earnings results on Thursday, August 6th. The company reported $1.03 EPS for the quarter. The business had revenue of $2.32 billion for the quarter. Resonac had a net margin of 4.05% and a return on equity of 7.54%.

Resonac Company Profile

Resonac Corporation is a Japan-based chemical and materials company formerly known as Showa Denko K.K. The company changed its name to Resonac in January 2023 following the integration of Showa Denko and Showa Denko Materials, formerly Hitachi Chemical. Resonac develops materials and technologies used across the semiconductor, electronics, automotive, energy and industrial sectors.

The company’s products include semiconductor and electronic materials, semiconductor packaging materials, silicon carbide epitaxial wafers, high-purity gases, graphite electrodes and advanced carbon products.