Arkema S.A. (OTCMKTS:ARKAY) Short Interest Update

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 500 shares, a growth of 400.0% from the April 30th total of 100 shares. Based on an average daily trading volume, of 17,700 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein assumed coverage on shares of Arkema in a research note on Thursday, April 24th. They set an "underperform" rating for the company.

Arkema Stock Down 0.3%

Arkema stock traded down $0.24 during trading on Friday, reaching $71.52. 22,204 shares of the company's stock were exchanged, compared to its average volume of 15,234. Arkema has a 52-week low of $64.94 and a 52-week high of $102.38. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 0.53 and a beta of 1.11. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.54 and a current ratio of 2.11. The company's 50-day moving average is $73.59 and its two-hundred day moving average is $78.11.

Arkema (OTCMKTS:ARKAY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.37 EPS for the quarter, missing analysts' consensus estimates of $1.45 by ($0.08). Arkema had a return on equity of 8.04% and a net margin of 3.82%. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.44 billion. On average, analysts predict that Arkema will post 8.36 earnings per share for the current year.

Arkema Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 23rd will be issued a $3.4274 dividend. This represents a yield of 4.47%. The ex-dividend date is Thursday, May 22nd. Arkema's dividend payout ratio is presently 67.63%.

About Arkema

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.