Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) Short Interest Up ∞ in June

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 44 shares, an increase of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 283 shares, the short-interest ratio is currently 0.2 days.

Resonac Stock Performance

Shares of OTCMKTS:SHWDY remained flat at $111.97 during trading on Tuesday. 9 shares of the stock were exchanged, compared to its average volume of 174. The business’s fifty day moving average is $103.37 and its two-hundred day moving average is $74.32. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.81 and a quick ratio of 1.35. The firm has a market cap of $20.70 billion, a price-to-earnings ratio of 91.33 and a beta of 0.59. Resonac has a 12 month low of $23.10 and a 12 month high of $126.17.

Resonac (OTCMKTS:SHWDY) last posted its quarterly earnings data on Thursday, May 21st. The company reported $999.00 EPS for the quarter. Resonac had a net margin of 2.59% and a return on equity of 4.89%.

Resonac Company Profile

Resonac Corporation (OTCMKTS: SHWDY), formerly known as Showa Denko K.K., is a diversified chemical manufacturer based in Tokyo, Japan. The company produces a broad range of industrial chemicals and performance materials that serve sectors including automotive, electronics, energy storage and environmental applications. Its product portfolio encompasses basic petrochemicals, polyolefins, functional chemicals, ceramic powders, aluminum specialty products and graphite electrodes for steel production.

Resonac maintains a strong presence in the electronics materials market through its supply of semiconductor‐grade silicon, silicon wafers, rare‐earth magnetic alloys and high‐purity gases and chemicals used in semiconductor fabrication.