Could UBE INDS LTD ORD ORDINARY SHARES (OTCMKTS:UBEOF) Change Direction After More Shorts?

June 13, 2018 - By Stephen Andrade

The stock of UBE INDS LTD ORD ORDINARY SHARES (OTCMKTS:UBEOF) registered an increase of 15.63% in short interest. UBEOF’s total short interest was 263,400 shares in June as published by FINRA. Its up 15.63% from 227,800 shares, reported previously.

The stock 90.00% or $0 during the last trading session, reaching $28.25. It is down 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Ube Industries, Ltd., together with its subsidiaries, engages in chemicals, pharmaceuticals, cement and construction materials, machinery, and energy and environment businesses. The company has market cap of $. The Company’s Chemicals segment offers synthetic rubber, engineering plastics, caprolactam and nylon, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, telecommunication parts, separation membranes, fine chemicals, ceramics, phosphor, aerospace materials, inorganic fiber, and high temperature paints. It currently has negative earnings. The company's Pharmaceutical segment provides contract manufacturing services for APIs and intermediates; FLUOLEAD, a novel nucleophilic fluorinating agent; and drug discovery and pipeline services.

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