Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) Short Interest Update

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,300 shares, a decrease of 88.0% from the November 30th total of 19,100 shares. Based on an average daily volume of 551,000 shares, the short-interest ratio is presently 0.0 days.

Shin-Etsu Chemical Price Performance

Shin-Etsu Chemical stock traded up $0.24 during midday trading on Friday, reaching $16.79. The company’s stock had a trading volume of 401,790 shares, compared to its average volume of 262,075. The stock has a market capitalization of $66.66 billion, a P/E ratio of 19.75 and a beta of 1.22. The stock’s 50-day simple moving average is $18.13 and its 200-day simple moving average is $19.66. Shin-Etsu Chemical has a 52-week low of $15.49 and a 52-week high of $23.23.

Shin-Etsu Chemical (OTCMKTS:SHECY) last announced its quarterly earnings data on Friday, October 25th. The basic materials company reported $0.24 EPS for the quarter. The firm had revenue of $4.49 billion during the quarter. Shin-Etsu Chemical had a net margin of 20.59% and a return on equity of 11.12%. As a group, equities research analysts expect that Shin-Etsu Chemical will post 0.92 earnings per share for the current fiscal year.

About Shin-Etsu Chemical

Shin-Etsu Chemical Co, Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.