Asahi Kasei Co. (OTCMKTS:AHKSY) Short Interest Down 82.3% in April

Asahi Kasei Co. (OTCMKTS:AHKSY) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totalling 8,400 shares, a decline of 82.3% from the April 15th total of 47,400 shares. Based on an average daily trading volume, of 52,200 shares, the days-to-cover ratio is currently 0.2 days.

Asahi Kasei Trading Up 4.0 %

Shares of Asahi Kasei stock traded up $0.56 on Friday, hitting $14.63. 31,445 shares of the company’s stock traded hands, compared to its average volume of 22,168. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.01. Asahi Kasei has a one year low of $11.80 and a one year high of $15.56. The firm’s 50-day moving average price is $14.41 and its two-hundred day moving average price is $14.14. The stock has a market capitalization of $10.20 billion, a PE ratio of -12.95 and a beta of 0.67.

Asahi Kasei (OTCMKTS:AHKSY) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.24 EPS for the quarter. The company had revenue of $4.86 billion during the quarter. Asahi Kasei had a positive return on equity of 4.00% and a negative net margin of 4.01%.

Asahi Kasei Company Profile

Asahi Kasei Corporation manufactures and sells chemicals. It offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, polyethylenes, polyethylenes powder, PMMA resin, polystyrene, polybutadiene rubbers, styrene/butadiene rubbers, clear styrenic copolymer, styrenic thermoplastic elastomer, hydrogenated styrenic elastomers, membranes and systems, functional materials, foams, purging compound, polyisocyanates, polycarbonatediol, aluminum paste, latex, photopolymers and platemaking systems, films, cyclohexanol, cyclohexane, and cyclohexene.