Kuraray Co., Ltd. (OTCMKTS:KURRY) Sees Large Drop in Short Interest

Kuraray Co., Ltd. (OTCMKTS:KURRY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 33.3% from the February 28th total of 300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 0.7 days.

Kuraray Stock Performance

OTCMKTS:KURRY traded up $0.17 during trading on Friday, reaching $37.61. The company’s stock had a trading volume of 236 shares, compared to its average volume of 539. Kuraray has a 12 month low of $30.77 and a 12 month high of $47.28. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of 19.48 and a beta of 0.11. The firm has a 50 day moving average of $39.61 and a 200-day moving average of $41.38. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.43 and a current ratio of 2.65.

Kuraray (OTCMKTS:KURRY) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.48 earnings per share for the quarter. Kuraray had a net margin of 3.90% and a return on equity of 7.73%.

Kuraray Company Profile

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.