Kuraray Co. (OTCMKTS:KURRY) Sees Significant Decrease in Short Interest

Kuraray Co. (OTCMKTS:KURRY – Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 6 shares, a decline of 82.4% from the September 15th total of 34 shares. Based on an average daily volume of 18 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Kuraray Stock Performance

Shares of OTCMKTS KURRY opened at $32.94 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.45 and a current ratio of 2.63. Kuraray has a 52-week low of $27.64 and a 52-week high of $38.00. The company has a market cap of $3.32 billion, a PE ratio of 62.16 and a beta of 0.03. The firm’s 50 day moving average price is $34.37 and its 200-day moving average price is $32.51.

Kuraray Company Profile

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Kuraray Co, Ltd. is a Japan-based specialty chemicals company that develops and manufactures performance materials for industrial and consumer applications. Its products are used in areas including packaging, automotive components, construction, electronics, water treatment, medical products and other specialized markets.

The company’s portfolio includes polyvinyl alcohol (PVOH) resins and films, ethylene vinyl alcohol copolymers marketed under the EVAL name, polyvinyl butyral products, methacrylate-related materials, activated carbon and synthetic fibers.

Further Reading

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