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

UBE Co. (OTCMKTS:UBEOF) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 161,200 shares, an increase of 89.9% from the November 15th total of 84,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,612.0 days.

UBE Price Performance

UBEOF stock remained flat at $17.46 during midday trading on Friday. UBE has a one year low of $17.45 and a one year high of $19.24. The firm’s fifty day moving average price is $17.46 and its 200 day moving average price is $17.56.

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.