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

Kurita Water Industries Ltd. (OTCMKTS:KTWIY) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 28 shares, a drop of 41.7% from the June 15th total of 48 shares. Based on an average daily volume of 414 shares, the days-to-cover ratio is currently 0.1 days.

Kurita Water Industries Price Performance

KTWIY traded up C$2.52 during midday trading on Thursday, reaching C$114.98. The company’s stock had a trading volume of 567 shares, compared to its average volume of 951. The stock’s 50-day moving average is C$109.86 and its 200-day moving average is C$101.68. Kurita Water Industries has a 1 year low of C$64.91 and a 1 year 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.