Kuraray Co. (OTCMKTS:KURRY) Short Interest Down 33.3% in September

Key Points

• Kuraray Co.'s short interest fell by 33.3% in September, decreasing to 200 shares from 300 shares at the end of August.
• The company's stock price was stable at $36.10 with a 52-week range between $30.01 and $47.28, and a market cap of $3.91 billion.
• In its latest earnings report, Kuraray reported $0.04 earnings per share and revenues of $1.42 billion for the quarter.

Kuraray Co. (OTCMKTS:KURRY - Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 200 shares, a drop of 33.3% from the August 31st total of 300 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 400 shares, the short-interest ratio is currently 0.5 days.

Kuraray Price Performance

Shares of Kuraray stock remained flat at $36.10 during trading hours on Monday. The stock had a trading volume of 45 shares, compared to its average volume of 243. Kuraray has a 52-week low of $30.01 and a 52-week high of $47.28. The business has a 50 day moving average price of $35.07 and a two-hundred day moving average price of $35.83. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.33 and a current ratio of 2.44. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 36.84 and a beta of 0.06.

Kuraray (OTCMKTS:KURRY - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $1.42 billion during the quarter. Kuraray had a return on equity of 5.38% and a net margin of 1.90%.

About Kuraray

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.

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