UBE Co. (OTCMKTS:UBEOF) Sees Large Growth in Short Interest

UBE Co. (OTCMKTS:UBEOF) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 5,600 shares, an increase of 27.3% from the July 15th total of 4,400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

UBE Stock Performance

Shares of UBE stock remained flat at $17.46 during trading on Thursday. UBE has a 1-year low of $17.45 and a 1-year high of $19.24. The business has a 50-day moving average of $17.46 and a 200-day moving average of $17.31.

About UBE

UBE Corporation, together with its subsidiaries, engages in the chemicals, construction materials, and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally. It offers synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, separation membranes, fine chemicals, ceramics, high purity chemicals, semiconductor gas products, and products for polyurethane resins.