Kuraray Co., Ltd. (OTCMKTS:KURRY) Short Interest Up 1,400.0% in December

Kuraray Co., Ltd. (OTCMKTS:KURRY) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is currently 0.7 days.

Kuraray Stock Performance

Shares of OTCMKTS KURRY traded up $1.05 during mid-day trading on Thursday, hitting $45.10. The company had a trading volume of 321 shares, compared to its average volume of 512. Kuraray has a 12 month low of $28.77 and a 12 month high of $47.28. The firm has a market cap of $4.88 billion, a P/E ratio of 14.23 and a beta of 0.20. The business’s 50-day simple moving average is $41.13 and its 200-day simple moving average is $39.29. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.65 and a quick ratio of 1.43.

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.