Asahi Kasei Corp. (OTCMKTS:AHKSY) Short Interest Update

Asahi Kasei Corp. (OTCMKTS:AHKSY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,046 shares, a growth of 162.3% from the August 15th total of 780 shares. Based on an average daily volume of 82,084 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Asahi Kasei Price Performance

Shares of OTCMKTS AHKSY opened at $20.17 on Tuesday. The firm has a market cap of $14.06 billion, a P/E ratio of 10.96 and a beta of 0.53. The business’s 50 day moving average is $21.48 and its 200-day moving average is $21.18. The company has a current ratio of 2.01, a quick ratio of 1.12 and a debt-to-equity ratio of 0.42. Asahi Kasei has a 1-year low of $15.18 and a 1-year high of $24.12.

About Asahi Kasei

Asahi Kasei Corporation is a diversified Japanese company founded in 1922 and headquartered in Tokyo. The company operates across the Materials, Homes and Health Care business sectors, serving customers in Japan and international markets.

Its Materials businesses produce products such as performance polymers, synthetic resins, coatings materials, electronic materials, battery separators and other specialty chemicals used in automobiles, electronics, packaging, construction and industrial applications.