Kuraray Co., Ltd. (OTCMKTS:KURRY) Sees Large Drop in Short Interest

Kuraray Co., Ltd. (OTCMKTS:KURRY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 33.3% from the February 28th total of 300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 0.7 days.

Kuraray Stock Performance

KURRY traded up $0.10 during trading on Wednesday, hitting $36.94. The stock had a trading volume of 157 shares, compared to its average volume of 528. Kuraray has a twelve month low of $30.77 and a twelve month high of $47.28. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.43 and a current ratio of 2.65. The company's 50-day moving average price is $39.31 and its 200 day moving average price is $41.36. The firm has a market capitalization of $4.00 billion, a P/E ratio of 19.14 and a beta of 0.11.

Kuraray (OTCMKTS:KURRY - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.48 earnings per share (EPS) for the quarter. Kuraray had a return on equity of 7.73% and a net margin of 3.90%.

Kuraray Company Profile

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.