Short Interest in UBE Co. (OTCMKTS:UBEOF) Expands By 56.8%

UBE Co. (OTCMKTS:UBEOF) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 48,300 shares, an increase of 56.8% from the October 15th total of 30,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 483.0 days.

UBE Stock Performance

OTCMKTS:UBEOF opened at $17.46 on Thursday. UBE has a twelve month low of $17.45 and a twelve month high of $19.24. The company has a fifty day moving average of $17.46 and a 200-day moving average of $17.66.

About UBE

UBE Corporation, together with its subsidiaries, engages in the chemicals, construction materials, and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally. It offers synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, separation membranes, fine chemicals, ceramics, high purity chemicals, semiconductor gas products, and products for polyurethane resins.