Arkema S.A. (OTCMKTS:ARKAY) Sees Large Increase in Short Interest

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,500 shares, a growth of 1,025.0% from the March 31st total of 400 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 80,400 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Arkema Stock Performance

Arkema stock traded down $2.65 during mid-day trading on Thursday, hitting $74.68. 9,403 shares of the company's stock traded hands, compared to its average volume of 16,744. The firm has a 50 day simple moving average of $78.46 and a two-hundred day simple moving average of $80.15. Arkema has a fifty-two week low of $64.94 and a fifty-two week high of $111.13. The stock has a market cap of $5.68 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 0.53 and a beta of 1.18. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.11 and a quick ratio of 1.54.

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.