Short Interest in Arkema S.A. (OTCMKTS:ARKAY) Increases By 40.0%

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 700 shares, a growth of 40.0% from the May 15th total of 500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 20,400 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Arkema Trading Down 3.6%

Shares of OTCMKTS ARKAY opened at $68.79 on Monday. Arkema has a 1-year low of $64.94 and a 1-year high of $98.97. The company has a market cap of $5.23 billion, a PE ratio of 13.76, a P/E/G ratio of 0.53 and a beta of 1.08. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average of $72.67 and a two-hundred day moving average of $77.37.

Arkema (OTCMKTS:ARKAY - Get Free Report) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $1.37 earnings per share 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 during the quarter, compared to the consensus estimate of $2.44 billion. As a group, equities analysts expect that Arkema will post 8.36 earnings per share for the current fiscal year.

Arkema Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 23rd were paid a $3.4274 dividend. This represents a dividend yield of 4.47%. The ex-dividend date was Thursday, May 22nd. Arkema's dividend payout ratio is presently 67.41%.

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.

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