Tokuyama Corporation (OTCMKTS:TKYMY) Sees Significant Growth in Short Interest

Key Points

• Short Interest Surge: Tokuyama Corporation saw a dramatic increase in short interest of 500% in July, with total short interest reaching 600 shares from just 100 shares in June.
• Stock Performance: The company's stock currently trades at $10.80 and has a market cap of $1.56 billion, with both a P/E ratio of 10.19 and a beta of 0.13.
• Operational Segments: Tokuyama operates in six segments, including Chemicals, Cement, and Electronics, producing a wide range of chemical products in Japan.

Tokuyama Corporation (OTCMKTS:TKYMY - ) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 600 shares, an increase of 500.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.0% of the company's stock are sold short.

Tokuyama Stock Performance

Tokuyama stock remained flat at $10.80 during trading hours on Tuesday. The stock has a market cap of $1.56 billion, a P/E ratio of 10.19 and a beta of 0.13. The company has a quick ratio of 1.81, a current ratio of 2.57 and a debt-to-equity ratio of 0.36. The business's fifty day simple moving average is $8.56 and its 200 day simple moving average is $8.41. Tokuyama has a one year low of $7.60 and a one year high of $10.80.

Tokuyama Company Profile

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.

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