Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) Short Interest Update

Key Points

• Asahi Glass Co. Ltd. experienced a dramatic increase in short interest, climbing by 7,200.0% from 100 shares to 7,300 shares between August 15th and August 31st.
• The company's stock is currently down 2.1%, trading at $6.55, with a market capitalization of $7.12 billion.
• Asahi Glass reported $0.05 EPS and $3.43 billion in revenue for the last quarter, highlighting a return on equity of 2.12% and a net margin of 1.67%.

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 7,300 shares, an increase of 7,200.0% from the August 15th total of 100 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 1.7 days. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.0% of the company's stock are short sold.

Asahi Glass Stock Down 2.1%

ASGLY stock traded down $0.14 during mid-day trading on Thursday, reaching $6.55. 5,230 shares of the company traded hands, compared to its average volume of 4,153. The company has a quick ratio of 0.70, a current ratio of 1.33 and a debt-to-equity ratio of 0.25. The firm's 50 day moving average price is $6.08 and its 200 day moving average price is $5.95. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 29.75 and a beta of 0.39. Asahi Glass has a fifty-two week low of $5.21 and a fifty-two week high of $6.80.

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

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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