Kurita Water Industries Ltd. (OTCMKTS:KTWIY) Sees Significant Drop in Short Interest

Kurita Water Industries Ltd. (OTCMKTS:KTWIY) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 48 shares, a decline of 93.1% from the May 31st total of 696 shares. Based on an average trading volume of 405 shares, the short-interest ratio is currently 0.1 days.

Kurita Water Industries Price Performance

Shares of OTCMKTS:KTWIY remained flat at C$122.41 during trading on Friday. The stock had a trading volume of 40 shares, compared to its average volume of 997. The firm has a 50 day simple moving average of C$106.70 and a 200-day simple moving average of C$98.84. Kurita Water Industries has a fifty-two week low of C$64.91 and a fifty-two week high of C$122.41.

About Kurita Water Industries

Kurita Water Industries Ltd. is a Japan-based provider of water treatment solutions and technical services for industrial and municipal customers. Established in 1949 and headquartered in Tokyo, the company specializes in chemical products and engineered systems designed to optimize water quality, conserve resources and comply with environmental regulations. Its core offerings include water treatment chemicals for boiler water, cooling water, wastewater and ultrapure water applications, as well as membrane separation modules and specialty process chemicals for diverse manufacturing processes.

In addition to its chemical portfolio, Kurita Water Industries designs, constructs and maintains a wide range of water treatment facilities and equipment.