Kurita Water Industries Ltd. (OTCMKTS:KTWIY) Sees Large Increase in Short Interest

Kurita Water Industries Ltd. (OTCMKTS:KTWIY) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 169 shares, a growth of 218.9% from the August 15th total of 53 shares. Based on an average daily volume of 891 shares, the short-interest ratio is presently 0.2 days.

Kurita Water Industries Price Performance

Kurita Water Industries stock remained flat at C$93.48 during midday trading on Monday. The company had a trading volume of 262 shares, compared to its average volume of 883. The business’s 50 day moving average is C$106.76 and its two-hundred day moving average is C$105.18. Kurita Water Industries has a 1 year low of C$65.50 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.