Zeon Co. (OTCMKTS:ZEOOF) Sees Large Decline in Short Interest

Zeon Co. (OTCMKTS:ZEOOF) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 86,600 shares, a drop of 52.2% from the January 15th total of 181,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Zeon Stock Performance

Shares of ZEOOF stock opened at $9.35 on Thursday. The business has a 50 day moving average of $9.24 and a two-hundred day moving average of $9.27. Zeon has a 52 week low of $9.00 and a 52 week high of $9.68.

About Zeon

Zeon Corporation engages in the elastomers, specialty materials, and other businesses. The company offers synthetic rubbers, latices, aroma, and specialty chemicals. It offers electronic materials comprising of photoresists, electron beam resist, etching agent, and coating insulation materials, as well as lithium-ion rechargeable battery materials.