Kuraray Co., Ltd. (OTCMKTS:KURRY) Short Interest Up 250.0% in August

Kuraray Co., Ltd. (OTCMKTS:KURRY) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 700 shares, a growth of 250.0% from the August 15th total of 200 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.7 days.

Kuraray Stock Performance

KURRY remained flat at $39.98 during trading on Friday. 159 shares of the company’s stock were exchanged, compared to its average volume of 1,032. Kuraray has a 52-week low of $28.76 and a 52-week high of $40.41. The company has a quick ratio of 1.60, a current ratio of 2.84 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $4.46 billion, a PE ratio of 11.55 and a beta of 0.22. The stock has a 50 day moving average price of $36.90 and a two-hundred day moving average price of $34.70.

Kuraray (OTCMKTS:KURRY) last posted its quarterly earnings data on Friday, August 9th. The company reported $0.64 EPS for the quarter. Kuraray had a net margin of 6.33% and a return on equity of 6.89%. The company had revenue of $1.41 billion for the quarter.

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.