Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) Short Interest Down 88.0% in September

Key Points

• Asahi Glass Co. Ltd. experienced a dramatic 88.0% drop in short interest during September, falling from 2,500 shares to just 300 shares by September 30th.
• The company's stock remained flat at $6.44, with a market capitalization of $7.00 billion and a PE ratio of 29.27.
• Asahi Glass reported a revenue of $3.43 billion in its last quarterly earnings, with an EPS of $0.05 and a net margin of 1.67%.

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 300 shares, a drop of 88.0% from the September 15th total of 2,500 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 0.1 days.

Asahi Glass Stock Performance

OTCMKTS ASGLY remained flat at $6.44 during trading hours on Thursday. 130 shares of the company's stock were exchanged, compared to its average volume of 2,122. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.70 and a current ratio of 1.33. The company has a 50 day moving average of $6.38 and a 200-day moving average of $6.01. Asahi Glass has a 1 year low of $5.21 and a 1 year high of $6.76. The company has a market cap of $7.00 billion, a PE ratio of 29.27 and a beta of 0.42.

Asahi Glass (OTCMKTS:ASGLY - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.05 EPS for the quarter. Asahi Glass had a net margin of 1.67% and a return on equity of 2.12%. The company had revenue of $3.43 billion for the quarter.

About Asahi Glass

AGC Inc manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows.

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